High living costs refer to the expenses associated with maintaining a certain standard of living, which can include housing, food, transportation, and healthcare. When these costs rise significantly, it can strain household budgets, making it difficult for individuals and families to afford basic necessities. Factors contributing to high living costs often include inflation, increased demand for housing, and rising wages. In urban areas, for example, the price of rent can be much higher than in rural regions, leading to disparities in affordability and quality of life across different locations.