What is the term for the way or condition in which a person lives that reflects their values and financial situation?

The term that best describes the way or condition in which a person lives that reflects their values and financial situation is "lifestyle." A person's lifestyle encompasses the choices they make regarding their daily habits, activities, and consumption patterns, all of which are influenced by their financial resources and personal values. It encompasses aspects such as housing, transportation, work-life balance, leisure activities, and social interactions.

While "standard of living" generally refers to the level of wealth, comfort, and material goods available to a certain socioeconomic class or area, it is more about the quantitative aspects of living conditions rather than the qualitative factors that lifestyle encapsulates. "Quality of life" includes various subjective elements that contribute to overall well-being, such as health, happiness, and safety, but it is broader and less focused on specific lifestyle choices. Similarly, "life choices" refer to significant decisions one makes throughout life, but do not encompass the overall condition or manner of living as effectively as lifestyle does.