Affordable

/əˈfɔːrdəbl/

Meaning & Definition

adjective
Reasonably priced relative to the average market; accessible to the average consumer.
The store prides itself on offering affordable fashion that appeals to everyone.
Low enough in cost to be easily purchased without significant sacrifice or consequences.
The restaurant is known for its affordable menu that caters to families.
Inexpensive; reasonably priced; within one's financial means.
The new housing development offers affordable units for first-time buyers.
Not causing financial strain; manageable in terms of cost.
They are looking for affordable healthcare options that won't break the bank.

Etymology

Early 19th century, from 'afford' + '-able'

Common Phrases and Expressions

affordable housing
Housing that is affordable for the average person or family.
affordable rates
Prices that are within reach for most consumers.

Related Words

economical
Providing good service or results without waste.
budget
An estimate of income and expenditure for a set period of time.

Slang Meanings

Cheap but satisfactory.
This place is great for a meal; it's cheap but still good!
Reasonably priced goods or services.
I found some decent gear that's totally in the budget!