living expenses; cost of living
A somewhat formal or economic term for the money needed to cover basic daily needs such as food, housing, and utilities. Often used in discussions of household budgets or economic indicators.
都市部では生計費が高い。
The cost of living is high in urban areas.
I'm cutting back to keep living expenses down.
cost of living index
Compound of 生計 (livelihood) and 費 (expenses).