cost-effective

American  

[kawst-i-fek-tiv, kost-] / ˈkɔst ɪˈfɛk tɪv, ˈkɒst- /

adjective

1. producing optimum results for the expenditure.

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cost-effective British  

adjective

1. providing adequate financial return in relation to outlay

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Other Word Forms

• cost-effectively adverb
• cost-effectiveness noun

Compare meaning

How does cost-effective compare to similar and commonly confused words? Explore the most common comparisons:

• cost-effective vs. cost-efficient

Example Sentences

California Public Utilities Commission spokesperson Terrie Prosper called California “a leader in cost-effective, least-cost solar deployment overall compared to any other state,” in an emailed statement.

From Los Angeles Times

The process helps film crews stay on schedule and be cost-effective, but doubles can also be used when actors can't - or don't - wish to do a scene.

From BBC

Is there a formula or method for figuring out when replacement becomes more cost-effective than ongoing repairs?

From MarketWatch

Over the past year, more companies that develop and operate AI have shown interest in Google’s TPUs, seeking to tap more cost-effective computing power and avoid excessive dependence on Nvidia.

From The Wall Street Journal

Chancellor Rachel Reeves had been under growing pressure to remove the cap, with Labour MPs and charities arguing this is the most cost-effective way to reduce child poverty.

From BBC

Related Words

• practical
• profitable
• worthwhile