elämäntason
Elämäntason is a Finnish term that translates to "standard of living." It refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area. It is a broad concept that encompasses various aspects of a person's or society's well-being, going beyond just income.
Factors contributing to elämäntason include not only financial resources but also access to education, healthcare, housing
Measuring elämäntason often involves a combination of economic indicators like GDP per capita and income distribution,