going rate


Also found in: Financial.

the going rate (for something)

The typical cost of something. What's the going rate for a new heating system? Ours is on the fritz. A: "$200 seems pretty steep for such a small repair!" B: "That's the going rate, I'm afraid."
See also: going, rate

going rate

the current rate or the current charges for something. The going interest rate for your account is 10 percent. Our babysitter charges us the going rate.
See also: going, rate
References in periodicals archive ?
Sheila Attwood, of XpertHR, said: "The going rate for pay awards across the economy is firmly stuck at 2 per cent.
If Hester didn't go to his job interview with a) a detailed knowledge of what the going rate was and b) arguments why he should be paid more, he must have had either a Billy Graham-style religious conversion or a mini stroke.
Nobody will try and figure out how they can do things cheaply, they will just charge you the going rate.
Well, I can't afford the going rate so either they want to work on the film or they don't.
Well, I can't afford the going rate, so either they want to work on the film or they don't.
Maybe that's because City Hall pays twice the going rate for its services and contracts.
In other words, the city will pay almost double the going rate for lie- detector tests.
Los Angeles County employees, already under fire for paying up to five times the going rate for airline tickets, actually spent $1.
Farias already purchased two replacement Furbys from a friend - at the going rate of $100 apiece, he said.
Riding a wave of excitement surrounding its host's return on Monday, CBS's "Late Show with David Letterman" struck deals between $110,000 and $125, 000 for some 30-second commercials more than twice the going rate - reports this week's Advertising Age.
Rents, though higher than those in New Jersey and Westchester, are a bargain in comparison to midtown Manhattanis going rates.
The recovery was weaker for UC, where college going rates now stand at about the same level as the late 1990s.
The rider requires that prospective students in high schools with college going rates in the lowest 10 percent of all public high schools be provided with assistance in completing applications and financial aid documents for college enrollment.