Cost Analysis Vocabulary

noun A word that represents a person, place, thing, or idea. In this case, 'actual' can also function as a noun, representing something that is real or existing in fact.

adjective A word that describes or modifies a noun. In this case, 'actual' is an adjective that specifies that the cost being referred to is real or factual, as opposed to estimated or projected.

• The actual cost of the project turned out to be higher than initially estimated.
• I didn't realize the actual cost of the concert tickets until I checked my bank statement.
• I was shocked when I found out the actual cost of the repairs - it was way more than I expected.
• The actual cost of pursuing your dreams may be higher than you anticipate, but it's worth it in the end.