affordability
Within financial reach
Affordability is how manageable a cost is relative to what someone can pay.
The term appears constantly in discussions of housing, healthcare, and education—areas where prices have outpaced incomes: The city's affordability crisis has pushed families to the suburbs.
Something's affordability depends on who's buying; what's affordable to one person may be out of reach for another.
Monetary value assigned
bargain · deal · sale · low-priced · inexpensive · reasonable · low-cost · cut-rate
Accumulated money kept
- expensesMoney spent on things
- incomeRegular monetary receipts
- thriftyPrudent with resources
- frugalSparing with resources
economical · spending · allocation · funds · planning · cost-cutting · penny-pinching · budgeting
Ease of approach
- barrierObstruction preventing passage
- attainableAble to be reached
- reachableAble to be contacted
- obtainableAble to be acquired
inclusive · equitable · within-reach · gateway · democratization · underserved · low-income · means-tested
Degree of importance
- cost-effectiveGiving good return cheaply
- budget-friendlyLow in cost
- economicalUsing resources sparingly
- practicalSuited for real use
Payment for temporary use
- mortgageSecured home loan
- homeownershipLegally possessing residential property
- rentalPaid temporary use
- leaseTemporary use contract
Payment for instruction
- scholarshipsFunds awarded for study
- grantsAwarded funds for purposes
- debtMoney owed another
- in-stateWithin one's home territory
out-of-state · work-study · textbooks · FAFSA
Payments for insurance coverage
- deductiblesPre-coverage personal payments
- copayPatient's set contribution
- out-of-pocketPaid from personal funds
- coverageExtent of inclusion
insurance · subsidies · Medicaid · Medicare · uninsured · underinsured
price
Monetary value assigned
discount · bargain · deal · sale · low-priced · inexpensive · reasonable · low-cost · cut-rate · clearance
savings
Accumulated money kept
frugal · economical · spending · allocation · funds · planning · cost-cutting · penny-pinching · budgeting · fixed-income
accessibility
Ease of approach
- barrierObstruction preventing passage
- attainableAble to be reached
- reachableAble to be contacted
obtainable · inclusive · equitable · within-reach · gateway · democratization · underserved · low-income · means-tested · income-based
worth
Degree of importance
- cost-effectiveGiving good return cheaply
- budget-friendlyLow in cost
- economicalUsing resources sparingly
practical · sensible · trade-off · compromise · prioritizing
rent
Payment for temporary use
- mortgageSecured home loan
- homeownershipLegally possessing residential property
- rentalPaid temporary use
tuition
Payment for instruction
- scholarshipsFunds awarded for study
- grantsAwarded funds for purposes
- debtMoney owed another
in-state · out-of-state · work-study · textbooks · FAFSA
premiums
Payments for insurance coverage
- deductiblesPre-coverage personal payments
- copayPatient's set contribution
- out-of-pocketPaid from personal funds
coverage · insurance · subsidies · Medicaid · Medicare · uninsured · underinsured
- Healthcare Costshealthcare costs, healthcare spending, health spending, medical bills, medical debt
- drug pricingdrug prices, drug pricing, drug costs, pricing models, pricing strategy
- housingapartments, home, house, houses, homes
- shoppingbuying, shopping cart, shop, purchases, sale
- hotelshotel staff, hotel room, accommodations, hotelier, innkeeper
- living conditionshousing, income, employment, healthcare access, education access
affordabilityunaffordability
Exceeding one's budget
expensiveness · costliness · inaccessibility · priciness · out of reach
affordabilityluxury
Expensive nonessential comfort
premium pricing · exclusivity · extravagance · opulence · high-end
- housing affordabilityCost of obtaining residence
- college affordabilityHigher education cost access