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

Further complicating the picture for the RBA are proposed changes to the tax system designed to improve housing affordability and supply.

From The Wall Street Journal • Jun. 16, 2026

“What began as an AI infrastructure bottleneck is now spreading into hardware margins, device affordability, cloud costs, inflation, and policy,” Kim wrote earlier this month.

From Barron's • Jun. 15, 2026

Critics, however, see a different picture — one that places expensive celebrations and headline-grabbing spectacles alongside growing concerns about affordability, household budgets and the day-to-day economic pressures facing many Americans.

From Salon • Jun. 14, 2026

Although the United States spends more on health care than any other wealthy country, Americans often face greater challenges when it comes to access and affordability.

From Science Daily • Jun. 14, 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