cost-effective
Good value proposition
Cost-effective describes something that provides good value relative to its price—the benefits justify the expense.
A cost-effective solution isn't necessarily the cheapest option, but the one that delivers the best results for the money spent: Solar panels are increasingly cost-effective for homeowners.
The term appears frequently in business, policy, and healthcare discussions where resources must be allocated efficiently.
Reasonably priced
- inexpensiveLow in cost
- budget-friendlyLow in cost
- economicalUsing resources sparingly
- reasonableShowing sound judgment
bargain · discount · competitive · cut-rate · wholesale · reduced · markdown · clearance
Exercising sound judgment
- sensibleShowing good judgment
- practicalSuited for real use
- judiciousHaving sound assessment skills
- wiseShowing good judgment
strategic · viable · feasible · smart · calculated · planned · resourceful · measured
Made smooth and efficient
- optimizedMade maximally efficient
- leanLacking fat; incline
- resource-efficientUsing supplies wisely
- time-savingReducing required duration
energy-efficient · automated · systematic · productive · high-yield · labor-saving · scalable · sustainable
Profit-to-cost ratio
- profitableProducing financial benefit
- worthwhileMeriting effort or attention
- beneficialProducing good results
- advantageousProviding benefit or gain
gainful · yield · payback · break-even · amortized · dividends · rebates · recouped
affordable
Reasonably priced
- inexpensiveLow in cost
- budget-friendlyLow in cost
- economicalUsing resources sparingly
reasonable · bargain · discount · competitive · cut-rate · wholesale · reduced · markdown · clearance · economy
prudent
Exercising sound judgment
wise · strategic · viable · feasible · smart · calculated · planned · resourceful · measured · sustainable
streamlined
Made smooth and efficient
- optimizedMade maximally efficient
- leanLacking fat; incline
- resource-efficientUsing supplies wisely
time-saving · energy-efficient · automated · systematic · productive · high-yield · labor-saving · scalable · sustainable · low-maintenance
ROI
Profit-to-cost ratio
- profitableProducing financial benefit
- worthwhileMeriting effort or attention
- beneficialProducing good results
advantageous · gainful · yield · payback · break-even · amortized · dividends · rebates · recouped
- efficiencyoptimization, efficient, streamlining, optimize, streamline
- efficientefficient, streamlined, optimized, productive, economical
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- pricingpricing, discount price, overpricing, discounts, overcharge
- bargainsbargain, bargain hunting, discount store, coupon, rebate
- feasibilityfeasibility, feasible, viability, viable, practicality
cost-effectivewasteful
Using resources carelessly
inefficient · uneconomical · unprofitable · counterproductive · loss-making
cost-effectiveextravagant
Exceeding sensible bounds
profligate · squandering · wasteful · spendthrift · lavish
cost, effect, affect, effective, efficiency, efficacy, confection, cost-saving, cost-effectiveness