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"severity of poverty" is correct and usable in written English.
It is usually used to describe the degree of poverty experienced by a person or group. For example, "The severity of poverty in this region is extreme."
Exact(13)
The Democrats' bill specifies a new purpose for federal welfare money: "reducing the extent and severity of poverty".
Yet at a time of increasing severity of poverty the help available to parents and children is being significantly cut.
In 2015, the Earned Income Tax Credit kept 3.3 million children out of poverty and decreased the severity of poverty for another 7.7 million children.
A government white-paper released to mark the conference's anniversary claimed: "The number of impoverished women has dropped by an enormous margin, and the severity of poverty of women has been continuously alleviated".
Carolyn Logan, assistant professor of political science at Michigan State University and deputy director of the research project, said: "The survey results show there is a disconnect between reported growth and the persistence – in both frequency and severity – of poverty among ordinary citizens.
One can also compute the severity of poverty assuming α = 2.
Similar(47)
The data provide new insight into the consumption behavior of the poor, who act as though maximizing utility subject to subsistence concerns, with both demand and calorie elasticities depending significantly, and non-linearly, on the severity of their poverty.
The general picture of low or negative per capita growth in agriculture in much of sub-Saharan Africa over the last 30 years is supported by the high incidence and severity of rural poverty compared with other regions, widespread reports of agricultural stagnation and reductions in both fertilizer use and yields.
In the case of a major illness, poor families may give up treatment or cut down their budget for other living necessities (e.g., food, clothing, housing and children's education) and/or borrow money to afford medical costs, thereby increasing the severity of their poverty [ 16].
Social deprivation factors might contribute to such high residual spatial effects in our analysis (Figure 6), because they also happened to be the poorest in terms of severity and depth of poverty [34].
These might probably be ecological factors, such as varying deprivation inequalities including severity and depth of poverty, as well as infectious diseases including malaria, HIV/Aids, pneumonia, diarrhoea that directly contribute to the risk of child mortality [1].
More suggestions(15)
significance of poverty
severity of conflict
severity of starvation
severity of water
severity of deprivation
accuracy of poverty
extent of poverty
severity of difficulty
exacerbation of poverty
breadth of poverty
violence of poverty
severity of development
magnitude of poverty
severity of problem
scope of poverty
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com