affordability

//əˌfɔːr.dəˈbɪl.ə.ti//
B2Frequency Level 12Neutral
Visual representation of affordability

Noun

affordabilitySingular
1

The quality or state of being affordable; the degree to which something is inexpensive enough for people to buy or access.

The affordability of electric cars has improved significantly in recent years.

2

The extent to which the cost of something is within the financial means of a particular person or group.

The affordability of housing in this area is a major concern for young families.

affordability - Deep Vocabulary