affordability

noun

Etymology: Etymology tree English afford Proto-Indo-European *-tḗr Proto-Indo-European *-dʰlom Proto-Indo-European *-dʰlis Proto-Italic *-ðlis Latin -bilis Latin -ābilis Proto-Indo-European *-teh₂ Proto-Indo-European *-ts Proto-Indo-European *-teh₂ts Proto-Italic *-tāts Latin -tās Latin -abilitas Middle French -abletébor. Middle English -ablete English -ability English affordability From afford + -ability.

1. The extent or degree to which something is affordable, as measured by its cost relative to the amount that the purchaser is able to pay.

   “First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years.”

   “Fares would have to increase significantly beyond affordability to cover the costs of lightly used services.”

2. A desirable degree of that characteristic: synonym of inexpensiveness.