Wiktionary
going rate
n. (context idiomatic English) The current standard or usual price, rate, or salary for something.
Usage examples of "going rate".
I paid the going rate for grazing land - not even that much 'cuz o' the hills.
Figure out what the going rate is and triple it, plus add substantial bonuses for signing and finishing the project.
Do you know what the going rate is from vendors and petitioners who want to get inside?
The Tour's price tag: $558,000, or about three times the going rate.
She had not the faintest idea how to bargain, and paid three times the going rate for such a trinket.