Definition

Noun: The quality or state of being low in cost or price; affordability.

Usage

This noun describes the characteristic of something that does not cost much money. It is an abstract quality, not a physical object. It is often used in formal or analytical contexts when discussing economics, product features, or market comparisons.

Examples

• The main advantage of this model is its inexpensiveness compared to other brands.
• The inexpensiveness of public transportation encourages more people to use it.
• Consumers are often attracted by the inexpensiveness of generic products.

Advanced Usage

• In a comparative/contrasting context: The term is frequently used to highlight a key benefit when comparing options.
  • The inexpensiveness of the material is offset by its lower durability.
• In economic or business writing: Used to discuss market strategies or consumer behavior.
  • The company's strategy relies on the inexpensiveness of its manufacturing process.

Variants and Related Words

• Inexpensive (adjective): Low in price; costing little money.
  • They bought an inexpensive sofa.
• Affordability (noun): The quality of being inexpensive enough that people can buy or do it. (This is a very close synonym and is often used interchangeably with "inexpensiveness").
  • The affordability of housing is a major issue.

Synonyms

• Affordability
• Cheapness
• Reasonableness (in price)
• Modest cost

Antonyms

• Expensiveness
• Costliness
• Dearness

Noun

1. the quality of being affordable