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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
As an example, trading Samuel Girard or Josh Manson could free up $5 million or $4.5 million in cap space, but the Avs would also still need to find a top-four defenseman … and the going rate for those is more than $4.5 million to $5 million with the cap ceiling shooting up the next three seasons. Corey Masisak, Denver Post, 15 May 2025 The going rate for day-of tickets for Thursday’s game was around $85 for upper bowl seats. Nathan Canilao, Mercury News, 20 June 2025 That $6,500 per acre approximated the going rate for similar property in the neighborhood. Peter J Reilly, Forbes.com, 10 Apr. 2025 The going rate for Murphy was established early in the legal tampering period on Monday afternoon as cornerback Carlton Davis agreed to a 3-year, $60 million deal with the New England Patriots and cornerback Charvarius Ward agreed to a 3-year deal, $60 million with the Indianapolis Colts. Dane Mizutani, Twin Cities, 11 Mar. 2025 See All Example Sentences for going rate

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Cite this Entry

“Going rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20rate. Accessed 21 Jul. 2025.

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