Your standard of living is where you would like to be and your level of living is where you actually are.

Question

Quizplus · Accepted Answer

This statement is true. Standard of living refers to the level of wealth, comfort, material goods, and necessities available to an individual or a society, while level of living refers to the actual circumstances of an individual or a society, including income, housing, employment, and other indicators of overall well-being.

Your Standard of Living Is Where You Would Like to Be