affordability

American  

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

noun

1. the quality of being affordable.

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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!"

Example Sentences

See Examples For:

affordability

Canada Mortgage and Housing Corp. estimates 417,000 to 469,000 homes are needed each year to restore pre-pandemic affordability by 2036 yet the country faces a likely gap of 187,000 to 238,000 homes annually.

From The Wall Street Journal ● Oct. 14, 2026

After the 2008 financial crisis, a dearth of new home construction made affordability a significant challenge for many people trying to break into homeownership.

From MarketWatch ● Oct. 13, 2026

She also talks about affordability and increasing border security.

From Salon ● Oct. 10, 2026

Greene-Placentia, a former long-haul trucker, told the Times she didn't want the details of her alleged attack to overshadow her campaign platform centered on health care and affordability.

From Barron's ● Oct. 8, 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

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