Meaning of affordability | Babel Free

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