the going rate (for something)

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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
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

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
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.

the ˌgoing ˈrate (for something)

the usual amount of money paid for goods or services at a particular time: They pay slightly more than the going rate for freelance work.
See also: going, rate
Farlex Partner Idioms Dictionary © Farlex 2017
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References in periodicals archive ?
THE going rate for pay rises is "firmly stuck" at 2 per cent, although public sector workers are receiving less, a new study has shown.
The going rate for pay rises is "firmly stuck" at 2%, although public sector workers are receiving less, a new study has shown.
Aberdeen saw the biggest rise of almost 60% with lodgers paying PS494 a month on average followed by Liverpool at 41% with PS361 the going rate for a room.
Clubs have been warned they will have to pay the going rate for departing Albion striker Peter Odemwingie.
Quentin SayS: an independent would probably do it for under pounds 500, but that's the going rate for a big service at a Merc dealer.
If we have to pay child benefit to foreign workers, it should be at the going rate for that country - pounds 5 a week in Poland.
The going rate for getting eaten alive seems to be about $26.
As far as we can tell, the going rate for getting eaten alive is about $26.
More than pounds 2 million a year is, it seems, perfectly acceptable and the going rate for the 10 lucky people (Jonathan Ross, Graham Norton and Co) who take home such a bumper pay packet.
Surely the going rate for a top goalie is the going rate, no matter who you're dealing with?
The Trade and Industry Select Committee said the Government should pay the going rate for the job, which suggested that the Royal Mail was not receiving enough money.
The going rate for the hours the person will be expected to work are far less than the going rate for the accommodation and so it seems fair that the person should not receive any actual wages.
Yes, he asked for a pay rise but he only wanted the going rate for a world class striker."
In my area the going rate for an experienced assistant is about $15-20 per hour and for a hygienist $26-35.
The same night in Viewpoints Charles Nolda for the Employers Organisation (Echo, July 19) says the three per cent offered to municipal workers is the going rate for pay increases.