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

Other pockets of the country also punch above their weight as early-career launchpads for their mix of 20-something hiring, pay and affordability.

From The Wall Street Journal • May 4, 2026

“Super prime consumers generally remain well positioned to manage affordability challenges, while those in non-prime risk tiers face growing stress as required payments consume an increasing share of their income,” Raneri said in a statement.

From MarketWatch • May 4, 2026

"We will consider feasibility, affordability, sustainability, and the environmental impact, then decide on the best way forward," the spokesperson said.

From BBC • May 2, 2026

She said her top concerns are housing affordability and public safety — issues that she feels Soto-Martínez has not seriously taken up.

From Los Angeles Times • May 1, 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