going rate for

USAGE SUMMARY

The phrase "going rate for" is correct and usable in written English.
It is typically used to refer to the current standard price or wage for a particular service or item in a specific market. Example: "The going rate for freelance graphic designers in this area is around $50 per hour."

✓ Grammatically correct

News & Media

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

45 human-written examples

The going rate for evading the draft is $5,000.

The New York Times

Want to know the going rate for employees like yours?

The New York Times

The going rate for an AK-47 is 10 cows.

The Guardian

The going rate for data scientists has obviously soared.

Harvard Business Review

@CamdenBrewery what's the going rate for a soul these days ?

The Guardian - Business

In good times, they justify mega-pay as the going rate for "talent".

The Guardian - Opinion

What is the going rate for a sport's soul and self-respect anyway?

The Guardian - Sport

The admission price: a minimum of $100,000, also the going rate for other Bush fundraisers.

The New Yorker

He did not know the going rate for this sort of bribe.

The New Yorker

"I honestly have no idea what the going rate for a kidney would be," he joked.

The Washington Post

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

But negotiations broke down when Assange told Gibney the going rate for an interview was $1m.

The Guardian - Film

Expert writing Tips

Best practice

When discussing market values or professional fees, use "going rate for" to indicate the generally accepted or standard price. This term is suitable for both formal and informal contexts.

Common error

Avoid assuming the "going rate for" something remains constant. Market conditions, demand, and other factors can significantly alter prices; always verify the latest rates.

Linguistic Context

The phrase "going rate for" functions as a prepositional phrase that modifies a noun, indicating the current or standard price, cost, or fee for a particular item, service, or commodity. As Ludwig AI confirms, it's a correct and usable expression. The examples from Ludwig demonstrate its wide usage across diverse contexts.

Expression frequency: Common

Frequent in

News & Media

63%

Formal & Business

18%

Wiki

7%

Less common in

Science

4%

Social Media

4%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "going rate for" is a commonly used expression to refer to the standard or current price for a particular item, service, or commodity. Ludwig AI confirms its correctness and usability in various contexts. It is frequently found in news and media, business, and even wiki sources, indicating its broad applicability. When using this phrase, consider factors that influence market dynamics to ensure accuracy. While it is generally acceptable in various settings, more formal alternatives like "prevailing price" or "standard fee" may be preferred in certain academic or professional contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

prevailing price for

Emphasizes the current price that is most common or accepted in the market.

average cost of

Focuses on the calculated mean price, implying a statistical average.

standard fee for

Highlights a set charge, particularly for services.

typical charge for

Suggests a common or expected price, often used for services or tasks.

market price of

Refers to the price determined by supply and demand in a specific market.

customary rate for

Indicates a rate that is established by long usage or practice.

usual price for

Highlights the most common or frequently observed price.

established price for

Emphasizes that the price is well-recognized and accepted.

common price for

Focuses on the frequency with which a certain price is observed.

accepted rate for

Highlights a rate that is widely agreed upon or considered fair.

FAQs

How can I use "going rate for" in a sentence?

Use "going rate for" to refer to the current standard price or wage for something in a specific market. For example, "What's the "going rate for" data scientists these days?"

What's a more formal way to say "going rate for"?

In more formal contexts, consider using phrases like "prevailing price for" or "standard fee for" to maintain a professional tone.

Is "going rate for" suitable for academic writing?

While "going rate for" is widely understood, it might be too informal for some academic contexts. Alternatives like "average cost of" or "market price of" may be more appropriate.

What factors influence the "going rate for" a service?

Several factors affect the ""going rate for"" a service, including market demand, level of expertise required, geographic location, and overall economic conditions. Researching current market trends can help determine a reasonable expectation.