It's the amount that people spend on consumption goods, things that you buy for your current use, like food, shelter, clothing, etc.

它是人们购买消费品所花费的总额，为每日生活所买的东西，比如食物，住宿，衣物等。

耶鲁公开课 - 金融市场课程节选

I think it's much more expensive to live here than to live in your hometown.

我想在这里生活的花费比在你的家乡要高吧。

来自西班牙 - SpeakingMax英语口语达人