going rate
noun
: the average or usual price that is charged for something
What's the going rate for a babysitter?
Examples of going rate in a Sentence
Recent Examples on the Web
At the going rate of $20 an ounce for gold dust and nuggets, our summer’s take would net us about $8,000.
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Anton Money, Outdoor Life, 15 Aug. 2024
That going rate peaked at a median of $118 on September 5, up from $89.50 on September 3, before settling at $110 for eBay sales made on September 8.
—Kyle Orland, Ars Technica, 9 Sep. 2024
If a going rate is established -- in other words, if the market becomes transparent -- then fewer parties on either side are likely to insist on more or settle for less.
—Matt Mossman, Foreign Affairs, 29 Jan. 2014
The buying boom early in the pandemic is one answer for why so many people aren’t paying the going rate.
—Alex Harring, CNBC, 13 July 2024
See all Example Sentences for going rate 
Anton Money, Outdoor Life, 15 Aug. 2024
That going rate peaked at a median of $118 on September 5, up from $89.50 on September 3, before settling at $110 for eBay sales made on September 8.
—Kyle Orland, Ars Technica, 9 Sep. 2024
If a going rate is established -- in other words, if the market becomes transparent -- then fewer parties on either side are likely to insist on more or settle for less.
—Matt Mossman, Foreign Affairs, 29 Jan. 2014
The buying boom early in the pandemic is one answer for why so many people aren’t paying the going rate.
—Alex Harring, CNBC, 13 July 2024
See all Example Sentences for going rate
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'going rate.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near going rate
Cite this Entry
“Going rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20rate. Accessed 2 Oct. 2024.
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