cost-efficient
Saves money well
Cost-efficient describes something that achieves results without wasting money—getting good value relative to what you spend.
A cost-efficient solution accomplishes the goal at reasonable expense.
The term appears frequently in business and policy contexts: We need a more cost-efficient approach to healthcare delivery.
Interchangeable with cost-effective, though cost-efficient emphasizes minimizing waste while cost-effective emphasizes maximizing results.
Sparing with resources
- thriftyPrudent with resources
- budget-friendlyLow in cost
- affordableReasonably priced
- inexpensiveLow in cost
bargain · discounted · no-frills · lean · streamlined · cutbacks · reductions · downsizing
Made smooth and efficient
- optimizedMade maximally efficient
- productiveGenerating useful output
- effectiveProducing intended results
- high-yieldProducing substantial returns
lean · systematic · scalable · automated · performance-driven · results-oriented · strategic · smart
Cleverly original in design
- innovativeIntroducing new ideas
- cleverShowing mental quickness
- creativeProducing original ideas
- makeshiftTemporary, improvised substitute
repurposed · DIY · bootstrapped · scrappy · adaptive · improvised · workaround · hacks
Profit-to-cost ratio
- profitableProducing financial benefit
- dividendsProfits paid to shareholders
- diversificationExpanding into varied areas
- portfolioCollected works or assets
frugal
Sparing with resources
- thriftyPrudent with resources
- budget-friendlyLow in cost
- affordableReasonably priced
inexpensive · bargain · discounted · no-frills · lean · streamlined · cutbacks · reductions · downsizing · penny-wise
streamlined
Made smooth and efficient
- optimizedMade maximally efficient
- productiveGenerating useful output
- effectiveProducing intended results
high-yield · lean · systematic · scalable · automated · performance-driven · results-oriented · strategic · smart · practical
ingenious
Cleverly original in design
- innovativeIntroducing new ideas
- cleverShowing mental quickness
- creativeProducing original ideas
makeshift · repurposed · DIY · bootstrapped · scrappy · adaptive · improvised · workaround · hacks · shortcuts
ROI
Profit-to-cost ratio
- profitableProducing financial benefit
- dividendsProfits paid to shareholders
- diversificationExpanding into varied areas
worth
Degree of importance
cost-efficientinefficient
Poor at using resources
wasteful · uneconomical · extravagant · profligate · ineffective
cost-efficientluxury
Expensive nonessential comfort
premium · gold-plated · deluxe · indulgent · ostentatious
cost, efficiency, costly, efficient, economical, inefficient, efficacy, inefficiency, low-cost