The study does, in fact. Or actually, bare minimum living standards:

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Quoting from the article:

“It is important to understand that the DLS represents a minimum floor for decent living. It does not represent a an aspirational standard and certainly does not represent a ceiling. However, it is also a level of welfare not currently achieved by the vast majority of people. A new paper by Hoffman et al finds that 96.5 percent of people in low- and middle-income countries are deprived of at least one DLS dimension.”