Affordable: meaning, definitions and examples

Use when something is reasonably priced and within the budget of an average person. It emphasizes that the price is not too high.

• The new smartphone is quite affordable considering its features.
• She found an affordable apartment in the city center.

Use when something has a low price but still implies decent quality. It emphasizes that the item is cheap.

• They found a shop selling inexpensive souvenirs.
• The restaurant offers a wide range of inexpensive meals.

Great for emphasizing efficiency and cost-saving over time. Often used when discussing operations, processes, or choices that save money in the long run.

• Hybrid cars are economical because they use less fuel.
• She prefers to buy in bulk because it's more economical.

Best for situations where the focus is on maintaining a budget or finding cost-effective options. It implies planning and careful spending.

• The hotel offers budget-friendly accommodation for travelers.
• They chose a budget-friendly venue for the wedding.

Use this word when describing something that is not too expensive and is within the budget of most people.

• The new housing project offers affordable apartments for young families.
• This store sells affordable clothing that is both stylish and budget-friendly.

Use this phrase when describing something that has a fair or acceptable price, without being necessarily cheap or expensive.

• The tickets to the concert are reasonably priced, making it accessible to more fans.
• The restaurant offers a wide variety of delicious and reasonably priced dishes.

This word is best used in business or technical contexts, where you want to emphasize that the cost of something is justified by its benefits or effectiveness.

• Solar panels are a cost-effective solution for reducing electricity bills.
• The company adopted a cost-effective strategy to improve productivity.

Use this phrase when indicating that something offers a lot of quality, utility, or benefit for the price paid.

• This new smartphone is good value for money; it has many high-end features.
• We found a hotel that is good value for money given its prime location and amenities.