affordability

Language: en

🇺🇸 /əˌfɔrdəˈbɪlətiː/

📖 Definitions

  1. noun
    The quality or state of being affordable; the degree to which something is reasonably priced or within financial reach.; The ability to bear the cost of something without financial hardship.

🔗 Details

Word forms

uncountable

Collocations

housing affordabilityaffordability crisisaffordability ofimprove affordabilityaffordability indexaffordability gap

Derivatives

affordaffordableaffordablyunaffordableunaffordability

Synonyms

accessibilityreasonablenessinexpensiveness

Antonyms

unaffordabilityexpensivenesscostliness

Commonly confused

accessibility
EN: 'Affordability' refers specifically to whether something is within financial reach; 'accessibility' refers more broadly to whether something can be reached, used, or obtained.

Spelling tips

EN: Remember the double 'f' in 'afford' carries through to 'affordability', and the suffix is '-ability' (not '-ibility').

💬 Examples

  1. The affordability of housing in the city has become a major political issue.

  2. The study examined the affordability of healthcare for low-income families.