actual cost

American  

noun

1. the cost of a product based on incurred costs of material and labor required in its production.

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Example Sentences

Work to replace water pipes in Osaka, a city of 2.8 million residents, has hit a snag as the actual cost exceeded the planned budget, according to local media.

From Barron's • Feb. 19, 2026

It dramatically drove up the resolution cost of the S&L crisis from an estimated $25 billion had the problem been addressed in 1983 to an actual cost of $160 billion by the 1990s.

From The Wall Street Journal • Jan. 7, 2026

With that in mind, your actual cost depends a lot on your health, smoking status, and other underwriting factors.

From MarketWatch • Nov. 15, 2025

It reveals she was sacked in 2022 after claiming more than £500 from a car insurance scheme when the actual cost of repairs was around £20.

From BBC • Apr. 30, 2025

He had made a study of the actual cost of insurance, and the low rate that they were now receiving filled him with apprehension.

From Get-Rich-Quick Wallingford by Chester, George Randolph