Dictionary.com
Thesaurus.com

affordability

American  
[uh-fawrd-uh-bil-i-tee] / əˌfɔrd əˈbɪl ɪ ti /

noun

  1. the quality of being affordable.


Explanation

Affordability is a quality of being inexpensive. Because of the affordability of the apples at the orchard, we went ahead and bought a whole bushel. The adjective affordability describes things you can afford to pay for because they don't cost too much. People move to certain neighborhoods because of the affordability of housing there, and others decide the affordability of community college makes it a great place to get an education. Sometimes this word is used to mean "cost or price," so someone might say, "The affordability of healthcare these days is just terrible!"

Keep Reading on Vocabulary.com

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

"Getting Congress to move on housing supply and affordability has been a long time coming, and the American people made clear they were ready for it."

From BBC Jul. 11, 2026

Nonetheless, some housing experts are doubtful about how much the bill will actually affect housing affordability.

From MarketWatch Jul. 10, 2026

The average rate on a 30-year fixed-rate loan inched up this week to 6.49%, adding to the affordability crunch many prospective home buyers are feeling.

From MarketWatch Jul. 9, 2026

If rising mortgage rates further strain affordability, the fear is that the housing market could be a drag on the economy in the back half of this year.

From The Wall Street Journal Jul. 9, 2026

When he finished speaking, much of the talk in the room turned to affordability.

From "Mountains Beyond Mountains" by Tracy Kidder and Michael French

Vocabulary.com logo
by dictionary.com

Dictionary.com's Learning Companion

Go beyond just looking up words.
Remember them forever with VocabTrainer.

Start training