Color Palette:
1. Color Name: Midnight Blue
   Hex Code: 
          
          #191970
       
   Description: A deep, dark navy blue reminiscent of the night sky, creating a moody and sophisticated atmosphere in a minimalist living room.

2. Color Name: Cloud White
   Hex Code: 
          
          #F0F8FF
       
   Description: A soft and airy white to balance out the darkness of the navy blue walls, adding a touch of brightness and simplicity to the space.

3. Color Name: Soft Grey
   Hex Code: 
          
          #A9A9A9
       
   Description: A muted grey shade that complements the navy blue and white, providing a neutral backdrop for the minimalist design.

4. Color Name: Mustard Yellow
   Hex Code: 
          
          #FFDB58
       
   Description: A pop of fun and warmth in the form of mustard yellow, adding a playful and energetic touch to the living room.

5. Color Name: Sage Green
   Hex Code: 
          
          #9DC183
       
   Description: A calming and earthy green tone that brings a sense of nature and tranquility to the space, balancing the darker colors.

6. Color Name: Dusty Pink
   Hex Code: 
          
          #D8BFD8
       
   Description: A subtle and delicate dusty pink hue to introduce a touch of femininity and softness to the overall palette, creating a harmonious and inviting atmosphere in the living room.