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

“The No. 1 issue to Angelenos continues to be lack of affordability, and our primary way of addressing that from the city is housing,” she said.

From Los Angeles Times ● Sep. 24, 2026

Executive Chair Jeffrey Mezger said high mortgage rates, housing affordability pressure and geopolitical uncertainty are weighing on the industry.

From The Wall Street Journal ● Sep. 22, 2026

The roughly 25% surge in the price of global benchmark Brent crude oil BRN00 to $100 a barrel in the past three months has made the affordability crisis worse for many households.

From MarketWatch ● Sep. 21, 2026

Colleen Babcock, Rightmove's head of partner marketing, says London faces additional challenges because its market is heavily weighted towards flats, and "affordability more broadly remains a key challenge".

From BBC ● Sep. 19, 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