affordability

Definitions

1. The extent or degree to which something is affordable, as measured by its cost relative to the amount that the purchaser is able to pay.
   uncountable
2. A desirable degree of that characteristic: synonym of inexpensiveness.
   uncountable

Equivalents

Examples

“First-time home buyers are feeling the squeeze⟳ of higher interest⟳ rates with mortgage affordability at its worst level for 16 years.”

“Fares would have⟳ to increase⟳ significantly beyond affordability to cover⟳ the costs of lightly used services.”

“Trump has said that undocumented immigrants share⟳ the blame⟳ for America’s once-in-a-generation home affordability crisis, but the president-elect’s deportation plans may backfire, driving up the cost⟳ of homebuying even further.”

CEFR level