Définition
The standard of living is equal to the disposable income of the household divided by the number of consumer units. The standard of living is therefore the same for all the individuals in a given household.
Eurostat calls it "equivalised disposible income".
The consumer units are generally calculated using the modified OECD scale which allocates 1 consumer unit to the first adult in the household, 0.5 to the persons of 14 years or older and 0.3 to children under the age of 14 years.