English Reference

Idiom

going rate

Meaning

The current standard or usual price, rate, or salary for something.

Meaning adapted from Wiktionary, available under CC BY-SA 4.0.

Examples

“That is the going rate for a haircut in this city.”

“Before you hire a contractor, check the going rate so you do not pay too much for the repairs.”

“The consultant demanded a fee significantly higher than the going rate, arguing that her specialized expertise justified the premium cost.”

Examples

simple

“That is the going rate for a haircut in this city.”

contextual

“Before you hire a contractor, check the going rate so you do not pay too much for the repairs.”

complex

“The consultant demanded a fee significantly higher than the going rate, arguing that her specialized expertise justified the premium cost.”

Key words

Related idioms

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English Reference