What is the difference between lifestyle and standard of living

Standard is what you want and lifestyle is what you have

Explanation:

The main difference between lifestyle and standard of living is that lifestyle is considering what do we have now, at this moment, and based on that and our wishes, the standard of living is what do we want to have in the future.

The standard of living is describing wealth, material things places to live and on the other hand, when we are talking about the lifestyle the important things are feelings, such as happiness and quality of life.