noun the quality of being affordable; the ability to be purchased or obtained within one's financial means
Affordability is often a deciding factor for consumers when considering purchasing new technology products, as they must be within budget constraints.
Affordability is a major concern in education, as students and families need to be able to afford tuition, fees, and other expenses associated with schooling.
Affordability plays a significant role in healthcare access, as individuals must be able to afford medical services and treatments to maintain their well-being.
Affordability is a key consideration in economic analysis, referring to the ability of individuals or groups to purchase goods or services at a reasonable cost.
Affordability is important in transportation, as individuals need to be able to afford the costs associated with commuting, travel, and vehicle ownership.
Affordability is a crucial factor in the housing market, determining whether individuals or families can purchase or rent a home within their financial means.
Writers may discuss the affordability of their books or services, such as offering affordable pricing for their work to reach a wider audience.
Psychologists may consider the affordability of therapy sessions for their patients, ensuring that the cost of treatment is manageable for those seeking help.
Architects may focus on the affordability of construction materials and design elements when working on a project to meet the client's budget constraints.
Financial analysts may analyze the affordability of investments or financial products for clients, taking into account their financial situation and goals.