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

But states still have leeway to use conservative assumptions, and rates often lag behind actual cost trends when budgets are tight.

From The Wall Street Journal • Oct. 20, 2025

The cost-of-living adjustment can’t keep up with the actual cost of living, as retirees’ costs climb.

From MarketWatch • Oct. 9, 2025

Universities across the UK say this amount has not increased by very much for more than a decade and claim that it also falls short of the actual cost of educating students.

From BBC • Sep. 24, 2025

Yet no property in the state has yielded such large profits on its actual cost and value as railroad property.

From Monopolies and the People by Cloud, D. C.