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

Fitch expects home-price growth to be “largely” flat this year, as mortgage rates stay high and suppress affordability for prospective home buyers.

From MarketWatch ● Sep. 14, 2026

Even the Midwest is seeing upticks in people from the L.A. metro going there in search of affordability.

From Los Angeles Times ● Sep. 11, 2026

But with conflict in the Middle East intensifying, rates are unlikely to fall soon, meaning the affordability challenge for home buyers will remain sizable, economists say.

From The Wall Street Journal ● Sep. 10, 2026

"This investment underscores Google's commitment to grow our presence responsibly, pairing the expansion of our technical infrastructure with new energy capacity, grid enhancements, and energy affordability initiatives," she added.

From BBC ● Sep. 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