Top 38 Slang For Affordable – Meaning & Usage

In a world where prices seem to skyrocket, finding ways to describe affordability can be as valuable as finding a good deal itself. Join us as we unveil a list of the trendiest and most relatable slang terms for affordability. From budget-friendly to wallet-savvy, we’ve got you covered with the latest lingo that will have you navigating the world of savings like a pro. Let’s dive in and discover the language of being thrifty in style!

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1. Budget-friendly

This term refers to something that is affordable or within one’s budget. It suggests that the item or service is reasonably priced and won’t break the bank.

For example, “This restaurant is known for its budget-friendly menu options.”
When discussing travel, someone might say, “I always look for budget-friendly accommodations.”
A person might recommend a store by saying, “They have a great selection of budget-friendly clothing.”

2. Wallet-friendly

This slang term emphasizes that something is affordable and won’t put a strain on one’s wallet or finances. It suggests that the item or service provides good value for the price.

For instance, “This phone plan is wallet-friendly and offers unlimited data.”
When discussing home decor, someone might say, “I found a wallet-friendly way to update my living room.”
A person might recommend a restaurant by saying, “Their lunch specials are wallet-friendly and delicious.”

3. Bargain

This term refers to something that is offered at a significantly reduced price or provides exceptional value for the cost. It suggests that the item or service is a steal or offers savings.

For example, “I found a bargain on this designer handbag during the sale.”
When discussing shopping, someone might say, “I love finding bargains at thrift stores.”
A person might recommend a website by saying, “They always have great bargains on electronics.”

4. Cheapo

This slang term is used to describe something that is cheap or low in cost. It can have a slightly negative connotation, suggesting that the item or service may be of lower quality.

For instance, “I bought this cheapo phone, and it broke after a week.”
When discussing dining options, someone might say, “Let’s go to the cheapo pizza place for a quick bite.”
A person might jokingly refer to themselves as a “cheapo” when discussing their frugal habits.

5. Thrifty

This term refers to someone who is careful with their money and makes wise spending choices. It suggests that the person is resourceful and knows how to get the most value for their money.

For example, “She’s a thrifty shopper and always finds the best deals.”
When discussing personal finance, someone might say, “Being thrifty is key to saving money.”
A person might recommend a book by saying, “It’s a great read for anyone interested in thrifty living.”

6. Reasonable

This term refers to something that is priced at a level that is fair and affordable. It suggests that the cost is not excessive or unreasonable.

For example, a customer might say, “The restaurant offers reasonable prices for their high-quality food.”
In a discussion about travel, someone might suggest, “Look for reasonable accommodations that fit within your budget.”
A person might compliment a store by saying, “They always have a great selection at reasonable prices.”

7. Pocket-friendly

This slang term refers to something that is affordable and won’t put a strain on one’s budget. It suggests that the cost is manageable and won’t empty one’s pockets.

For instance, a person might say, “I found a pocket-friendly hotel for my vacation.”
In a conversation about shopping, someone might recommend, “Check out this store, they have pocket-friendly prices.”
A person might share a tip by saying, “Eating at local food stalls is a pocket-friendly way to experience the local cuisine.”

8. Inexpensive

This term refers to something that is low in cost or priced at a level that is affordable for most people. It suggests that the item or service is not expensive.

For example, a shopper might say, “I found an inexpensive dress that looks great on me.”
In a discussion about technology, someone might suggest, “There are many inexpensive smartphones available in the market.”
A person might compliment a restaurant by saying, “They have a diverse menu with inexpensive options.”

9. Economical

This slang term refers to something that provides good value for the money spent. It suggests that the item or service is efficient and doesn’t waste resources.

For instance, a person might say, “Buying in bulk is an economical way to save money.”
In a conversation about energy usage, someone might recommend, “Using LED light bulbs is more economical in the long run.”
A person might share a tip by saying, “Shopping during sales is an economical way to update your wardrobe.”

10. Low-cost

This term refers to something that is priced at a level that is within one’s budget or financial means. It suggests that the item or service is not expensive and can be easily afforded.

For example, a customer might say, “The store offers a variety of low-cost options.”
In a discussion about travel, someone might suggest, “Look for low-cost airlines to save on airfare.”
A person might recommend a restaurant by saying, “They have delicious food at low-cost prices.”

11. Cost-effective

This term refers to something that provides good value for the money spent. It implies that the item or service is reasonably priced and offers a lot of benefits or quality for the price.

For example, “This new smartphone is really cost-effective, considering its features and price.”
A person might say, “I always look for cost-effective options when shopping for groceries.”
In a review, someone might mention, “The cost-effective nature of this product makes it a great investment.”

12. Affordable

This word simply means that something is reasonably priced and within one’s budget. It suggests that the item or service is not overly expensive and can be easily afforded by most people.

For instance, “This clothing brand is known for its affordable prices.”
A person might say, “I’m looking for an affordable apartment in the city.”
In a discussion about travel, someone might ask, “What are some affordable destinations for a budget vacation?”

13. Discounted

This term indicates that the price of an item has been reduced or discounted from its original price. It suggests that the item is being offered at a lower price for a limited time or as part of a promotion.

For example, “These shoes are currently discounted by 30%.”
A shopper might say, “I love shopping during the holiday season because everything is discounted.”
In a promotional email, a retailer might announce, “All items in our store are now discounted for our end-of-season sale.”

14. Sale

This word refers to a temporary period during which items are offered at reduced prices. It suggests that there is a special event or occasion where customers can enjoy discounted prices or exclusive deals.

For instance, “I can’t wait for the Black Friday sale at my favorite store.”
A person might say, “I always check the clearance section for any ongoing sales.”
In a marketing campaign, a retailer might advertise, “Don’t miss out on our summer sale with up to 50% off on selected items.”

15. Marked down

This term indicates that the price of an item has been lowered or decreased. It suggests that the item was previously priced higher and has now been adjusted to a lower price.

For example, “The original price of this jacket was $100, but it’s been marked down to $50.”
A shopper might say, “I always check the clearance rack for items that have been marked down.”
In a store announcement, a retailer might state, “All winter clothing is now marked down to make room for the new collection.”

16. On a budget

This phrase is used to describe someone who has a limited amount of money to spend on something. It implies that the person is trying to be careful with their spending and make economical choices.

For example, “I’m on a budget, so I can’t afford to eat out every night.”
A person might say, “I’m on a budget, but I still want to have fun. Let’s find some free activities to do.”
When discussing travel plans, someone might mention, “I’m on a budget, so I’ll be staying in budget-friendly accommodations.”

17. Value for money

This phrase is used to describe something that provides good quality or benefits in relation to its cost. It implies that the item or service is a good deal and offers a good return on investment.

For instance, “This restaurant offers great value for money. The portion sizes are generous and the prices are reasonable.”
A person might say, “I always look for value for money when shopping. I want to get the most for my hard-earned cash.”
When discussing a purchase, someone might comment, “I bought this phone because it offered the best value for money compared to other models.”

18. Dirt cheap

This phrase is used to describe something that is very cheap or inexpensive. It implies that the item or service is available at a significantly low price.

For example, “I found this shirt on sale for dirt cheap. It was only $5.”
A person might say, “I love thrift stores because you can find clothes for dirt cheap.”
When discussing travel deals, someone might mention, “I booked a dirt cheap flight to Europe. It was an amazing deal.”

19. Rock-bottom

This phrase is used to describe something that is at its lowest possible level, usually in terms of price. It implies that the item or service is available at the absolute lowest price.

For instance, “The prices for these electronics have hit rock-bottom. They’re the lowest they’ve ever been.”
A person might say, “I got this car for rock-bottom price. It was a steal.”
When discussing a sale, someone might comment, “The prices were slashed to rock-bottom. I couldn’t resist buying multiple items.”

20. Cut-rate

This phrase is used to describe something that is offered at a reduced or discounted price. It implies that the item or service is available at a lower price than usual.

For example, “This store is having a cut-rate sale. Everything is 50% off.”
A person might say, “I always check for cut-rate deals before making a purchase. It helps me save money.”
When discussing a discounted service, someone might mention, “I found a cut-rate spa package. It was a great way to relax without breaking the bank.”

21. Slashed

When an item’s price is greatly reduced, it is said to be “slashed.” This term is often used in sales or promotions to indicate a significant discount.

For example, a store might advertise, “All winter coats slashed by 50%.”
A customer might say, “I got these shoes for only $20, they were slashed from $60.”
In a conversation about budget shopping, someone might mention, “I always check the clearance section first to see if anything is slashed.”

22. Steal

When something is priced much lower than its value or expected cost, it is considered a “steal.” This term is used to describe a purchase that is seen as extremely advantageous.

For instance, a person might say, “I found this designer handbag at a thrift store for $20, it was such a steal.”
When discussing a sale, someone might exclaim, “These jeans are 70% off, what a steal!”
A person might recommend a store by saying, “You should check out that shop, they always have steals on vintage clothing.”

23. Knockdown

When an item is priced much lower than its original or expected cost, it is referred to as “knockdown.” This term is often used in the context of sales or clearance events.

For example, a store might advertise, “All electronics are knockdown prices this weekend.”
A customer might say, “I got this TV for half price, it was a knockdown deal.”
In a conversation about finding good deals, someone might mention, “I love shopping during the holidays because everything is at knockdown prices.”

24. Penny-wise

To be “penny-wise” means to be careful with money or to be frugal. This term is used to describe someone who is mindful of their spending and tries to save money whenever possible.

For instance, a person might say, “I always bring my lunch to work to be penny-wise.”
When discussing budgeting, someone might advise, “Try to be penny-wise by tracking your expenses.”
A person might recommend a money-saving tip by saying, “Shopping in bulk is a penny-wise choice for families.”

25. Dime a dozen

When something is said to be “a dime a dozen,” it means that it is very common or abundant and therefore not considered valuable or special. This term is often used to describe items or objects that are easily found or obtained.

For example, a person might say, “Those generic brand headphones are a dime a dozen, everyone has them.”
When discussing collectibles, someone might mention, “Baseball cards from the 90s are a dime a dozen, they’re not worth much.”
In a conversation about job applications, someone might say, “Entry-level positions are a dime a dozen, it’s hard to stand out.”

26. Giveaway

This term refers to something that is being sold or given away at a very low price or even for free. It can also be used to describe a situation where something is being offered at a significantly reduced price.

For example, “The company is having a giveaway of their new product. You can get it for free!”
A person might say, “I found this amazing dress at a garage sale for a giveaway price.”
In a promotional email, a store might advertise, “Don’t miss out on our giveaway sale this weekend only!”

27. Modestly priced

This term is used to describe something that is priced at a level that is considered fair and reasonable. It suggests that the price is not too high or extravagant, but also not too cheap or low-quality.

For instance, a restaurant might advertise, “Come enjoy our delicious meals at modestly priced rates.”
A person might say, “I bought this modestly priced laptop and it works perfectly for my needs.”
In a review of a hotel, someone might write, “The room was clean and comfortable, and the hotel was modestly priced.”

28. Low-priced

This term simply means that something is priced at a low cost or is inexpensive. It suggests that the price is affordable and won’t put a strain on one’s budget.

For example, a store might advertise, “Check out our selection of low-priced clothing.”
A person might say, “I found this low-priced book at a second-hand bookstore.”
In a discussion about budget travel, someone might recommend, “Look for low-priced accommodations to save money.”

29. Cost-conscious

This term describes someone who is mindful and aware of the cost of things and makes decisions based on their budget. It suggests that the person is careful about their spending and seeks out affordable options.

For instance, a person might say, “I’m very cost-conscious, so I always compare prices before making a purchase.”
A company might advertise, “Our cost-conscious products are designed to meet your needs without breaking the bank.”
In a personal finance article, the author might advise, “Being cost-conscious can help you save money and achieve your financial goals.”

30. Cheap as chips

This term is a playful way of saying that something is very cheap or inexpensive. It implies that the price is incredibly low and a great deal.

For example, someone might say, “I found this dress on sale for cheap as chips!”
A person might recommend, “Check out this website for cheap as chips flights.”
In a conversation about finding affordable furniture, someone might say, “I got this couch for cheap as chips at a thrift store.”

31. Penny-pinching

This term refers to being extremely careful with money and trying to save as much as possible. It implies being unwilling to spend money unless absolutely necessary.

For example, “She’s always penny-pinching and never treats herself to anything.”
In a discussion about saving money, someone might say, “I’ve been penny-pinching for months to afford this vacation.”
Another might advise, “If you want to save money, start penny-pinching and cut back on unnecessary expenses.”

32. Reduced

This term refers to a lower price or a reduced cost for a product or service. It implies that the original price has been lowered, often temporarily.

For instance, “The store is having a sale and all items are reduced by 50%. “
In a conversation about shopping, someone might say, “I bought this dress at a reduced price during the end-of-season clearance.”
Another might mention, “I always check for reduced items before making a purchase to save money.”

33. Budget-conscious

This term refers to being mindful of one’s budget and making decisions based on affordability. It implies being aware of the cost of things and choosing options that are within one’s financial means.

For example, “She’s a budget-conscious shopper and always looks for the best deals.”
In a discussion about personal finance, someone might say, “Being budget-conscious is essential for saving money and avoiding debt.”
Another might advise, “If you want to be budget-conscious, track your expenses and prioritize your spending.”

34. Money-saving

This term refers to actions or choices that help save money or reduce expenses. It implies being mindful of one’s finances and making decisions that lead to financial savings.

For instance, “Using coupons is a money-saving strategy to reduce grocery expenses.”
In a conversation about travel, someone might say, “Booking flights in advance is a money-saving tip to get cheaper fares.”
Another might mention, “Investing in energy-efficient appliances is a money-saving choice in the long run.”

35. On a shoestring

This term refers to living or operating with very little money or resources. It implies having a limited budget and being careful with spending.

For example, “They started their business on a shoestring budget and managed to grow it successfully.”
In a discussion about personal finance, someone might say, “Living on a shoestring requires making sacrifices and prioritizing needs over wants.”
Another might mention, “Traveling on a shoestring means finding affordable accommodations and opting for budget-friendly activities.”

36. Discount

A discount refers to a reduction in the original price of a product or service. It is a way to make the item more affordable for consumers.

For example, “I got a 50% discount on this shirt during the sale.”
A shopper might ask, “Are there any discounts available for students?”
A store might advertise, “Get a 20% discount on all items this weekend.”

37. Clearance

Clearance refers to the process of selling off merchandise that is no longer in regular stock. It often involves offering significant discounts to clear out inventory.

For instance, “I found this great deal at the clearance section of the store.”
A store might announce, “All clearance items are an additional 50% off.”
A shopper might say, “I love shopping during clearance sales because you can find amazing bargains.”

38. Pocketbook-friendly

Pocketbook-friendly is a term used to describe something that is affordable or within one’s budget. It implies that the item or service is reasonably priced and won’t strain one’s finances.

For example, “This restaurant is pocketbook-friendly, with meals under $10.”
A person might say, “I’m looking for a pocketbook-friendly vacation destination.”
A store might advertise, “Check out our pocketbook-friendly prices on clothing and accessories.”