Cost of Living is a solo studio album by American blues rock singer-songwriter Delbert McClinton.

It was released on August 23, 2005 through New West Records, making it his third studio album for the label.

Production was handled by McClinton himself along with Gary Nicholson, with Wendy Goldstein and Cameron Strang serving as executive producers.

At the 48th Annual Grammy Awards, the album won a Grammy Award for Best Contemporary Blues Album.

The song "Midnight Communion" from the album was nominated for a Grammy Award for Best Male Country Vocal Performance but lost to Keith Urban's "You'll Think of Me".