Top 36 Slang For More Affordable – Meaning & Usage

In a world where prices seem to skyrocket, finding ways to save money has become more crucial than ever. We’ve got you covered with a list of slang terms that can help you navigate the realm of affordability with ease. From penny-pinching phrases to budget-friendly expressions, this compilation will not only expand your vocabulary but also empower you to make smarter financial choices. So, buckle up and get ready to master the art of saving with our guide to slang for more affordable living!

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1. Budget-friendly

This term refers to products or services that are reasonably priced and within one’s budget. It implies that the item or experience provides value for money.

For example, “This hotel is budget-friendly and offers comfortable accommodations at a reasonable price.”
A person might say, “I’m looking for a budget-friendly smartphone with good features.”
In a discussion about travel, someone might recommend, “Check out this budget-friendly destination for your next vacation.”

2. Wallet-friendly

This phrase is used to describe something that is friendly to one’s wallet or finances, meaning it is affordable or cost-effective.

For instance, “This store offers wallet-friendly prices on a wide range of products.”
A person might say, “I’m on a tight budget, so I need to find wallet-friendly options for my grocery shopping.”
In a conversation about dining out, someone might suggest, “Let’s find a wallet-friendly restaurant that offers good food at reasonable prices.”

3. Bargain

This term refers to a good or advantageous purchase or transaction, often obtained at a lower price than usual. It implies that the item or service is of good value or quality for the price.

For example, “I found a great bargain on these shoes – they were on sale for half the price.”
Someone might say, “I love going to flea markets because you can find so many bargains.”
In a discussion about online shopping, a person might recommend, “Check out this website for amazing bargains on electronics.”

4. Cheapo

This slang term is used to describe something that is cheap or low in price. It can be used in a playful or lighthearted manner.

For instance, “I found a cheapo pair of sunglasses at the dollar store.”
A person might say, “I don’t want to spend too much on decorations, so I’ll look for cheapo options.”
In a conversation about dining out, someone might suggest, “Let’s go to that cheapo pizza place down the street.”

5. Thrifty

This term describes a person who is careful with money and makes an effort to save or spend it wisely. It implies being resourceful and finding ways to be economical.

For example, “She’s very thrifty and always finds ways to save money.”
Someone might say, “I’ve become more thrifty since I started budgeting.”
In a discussion about personal finance, a person might give tips on being thrifty, such as “Buy generic brands to save money.”

6. Pocket-friendly

This term refers to something that is affordable or inexpensive, especially in relation to other options or alternatives. It implies that the item or service is reasonably priced and won’t put a strain on your wallet.

For example, a restaurant might advertise, “We offer pocket-friendly lunch specials.”
A person might say, “I found a pocket-friendly hotel for my vacation.”
A shopper might exclaim, “This store has a great selection of pocket-friendly clothing options!”

7. Discounted

This term is used to describe an item or service that is being sold at a reduced price or with a discount. It suggests that the original price has been lowered, making the purchase more affordable for the buyer.

For instance, a store might have a sign that says, “All items are discounted by 50%.”
A person might say, “I bought this dress at a heavily discounted price.”
A shopper might ask, “Are there any discounted items available?”

8. Economical

This term refers to something that provides good value for the money spent. It implies that the item or service is efficient and doesn’t require excessive spending.

For example, a car with good fuel efficiency might be described as economical.
A person might say, “I chose the most economical option for my phone plan.”
A shopper might comment, “This brand is known for its economical products.”

9. Reasonably priced

This term indicates that the item or service is priced fairly and within a reasonable range. It suggests that the cost is not excessive and is within reach for most people.

For instance, a hotel might advertise, “Our rooms are reasonably priced.”
A person might say, “I found a reasonably priced laptop for my work.”
A shopper might ask, “Do you have any reasonably priced options available?”

10. Sale

This term refers to a temporary reduction in price for a specific item or items. It suggests that the item is being offered at a discounted rate for a limited time.

For example, a store might have a sign that says, “End of season sale: up to 70% off.”
A person might say, “I bought this shirt during the summer sale.”
A shopper might ask, “Are there any sales happening right now?”

11. Cost-effective

This term refers to something that provides a good value for the cost. It implies that the item or service is both affordable and efficient in terms of its performance or benefits.

For example, a person might say, “Buying a used car is a cost-effective option compared to buying a brand new one.”
In a discussion about home renovations, someone might suggest, “Using energy-efficient appliances can be cost-effective in the long run.”
A business owner might say, “Investing in digital marketing is a cost-effective way to reach a wider audience.”

12. Marked down

This phrase is used to describe a product that has been reduced in price from its original or regular price. It implies that the item is being offered at a discounted rate for a limited time.

For instance, a person might say, “I bought this jacket because it was marked down by 50%. What a great deal!”
In a conversation about shopping, someone might mention, “I always check the clearance section first to see if there’s anything marked down.”
A shopper might ask a store employee, “Are there any items that will be marked down soon?”

13. Inexpensive

This word is used to describe something that is relatively low in cost or price. It implies that the item or service is within one’s budget or financial means.

For example, a person might say, “I found an inexpensive restaurant that serves delicious food.”
In a discussion about travel, someone might say, “Eastern European countries are known for being inexpensive travel destinations.”
A shopper might ask a salesperson, “Do you have any inexpensive options for this product?”

14. Low-cost

This term refers to something that is priced at a lower amount compared to similar items or services. It implies that the item or service is affordable and doesn’t require a large financial investment.

For instance, a person might say, “Shopping at this low-cost grocery store has helped me save money.”
In a conversation about technology, someone might mention, “There are many low-cost smartphones available in the market.”
A consumer might ask, “Can you recommend any low-cost alternatives to this product?”

15. 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 offers a good return on investment or provides a satisfactory experience for the price paid.

For example, a person might say, “This hotel offers great value for money with its affordable rates and excellent amenities.”
In a discussion about dining out, someone might suggest, “This restaurant provides a lot of value for money with its generous portion sizes.”
A customer might ask, “Which product offers the best value for money in terms of features and durability?”

16. Reduced

This term refers to a lower price or a decrease in the original price of a product or service. It indicates that the item is being sold for a cheaper rate than before.

For example, “The price of this shirt has been reduced by 50%.”
A store might advertise, “All winter clothing is now reduced by 30%. Grab your favorites before they’re gone!”
A customer might ask, “Do you have any reduced items in the clearance section?”

17. Affordable

This term describes something that is reasonably priced and within one’s budget. It suggests that the cost of the item is not too high and is easily affordable.

For instance, “This restaurant offers affordable meals for students.”
A person might say, “I’m looking for an affordable apartment in the city.”
An advertisement might claim, “Our company provides affordable solutions for all your home improvement needs.”

18. Cut-rate

This term refers to something that is offered at a lower price than usual. It suggests that the item is being sold at a bargain or discounted rate.

For example, “The store is having a cut-rate sale on electronics.”
A person might say, “I found a cut-rate flight deal for my vacation.”
An advertisement might promote, “Get your favorite brands at cut-rate prices during our clearance event!”

19. Dirt cheap

This term emphasizes that something is very cheap or inexpensive. It suggests that the cost of the item is significantly lower than expected.

For instance, “I bought this dress for dirt cheap at a thrift store.”
A person might exclaim, “I found a dirt cheap flight to Europe!”
An advertisement might claim, “Our company offers dirt cheap prices on high-quality furniture.”

20. On sale

This term indicates that a product or service is being offered at a lower price than its original cost for a limited time. It suggests that the item is currently available at a discounted rate.

For example, “The shoes are on sale for 50% off.”
A store might advertise, “All summer items are on sale now! Don’t miss out on these great deals.”
A customer might ask, “What items are currently on sale in the electronics department?”

21. Steal

To get an item or service at a significantly lower price than its usual value. “Steal” is often used to describe a great deal or a price that is too good to pass up.

For example, “I found this designer dress on sale for $20. It’s such a steal!”
When discussing shopping, someone might say, “I always check the clearance section for steals.”
A person might recommend a restaurant by saying, “They have a lunch special that’s a steal at $5.”

22. Rock-bottom

Refers to the lowest possible price or value of something. “Rock-bottom” is used to describe prices that are incredibly cheap or discounts that are hard to beat.

For instance, “I got this hotel room for a rock-bottom price of $50 a night.”
In a conversation about sales, someone might say, “The prices at this store are rock-bottom right now.”
A person might comment on a clearance sale by saying, “They’re selling everything at rock-bottom prices.”

23. Slashed

When the price of an item or service is drastically lowered. “Slashed” is used to describe prices that have been cut or reduced by a significant amount.

For example, “The store slashed the prices of their winter coats by 50%. Now they’re super affordable.”
In a discussion about discounts, someone might say, “They’ve slashed the prices on all their electronics for Black Friday.”
A person might mention a sale by saying, “I heard they’re slashing prices on their entire inventory next week.”

24. Clearance

Refers to a section in a store where items are sold at a discounted price to make room for new inventory. “Clearance” is often used to describe the process of clearing out old or excess stock.

For instance, “I found these shoes on clearance for 70% off.”
In a conversation about shopping, someone might say, “I always check the clearance rack first.”
A person might recommend a store by saying, “They have great deals in their clearance section.”

25. Low-priced

Describes items or services that are available at a relatively low cost. “Low-priced” is a straightforward term used to indicate affordability.

For example, “This store is known for its low-priced clothing.”
In a discussion about budget-friendly options, someone might say, “I’m looking for low-priced furniture.”
A person might mention a sale by saying, “They have a wide range of low-priced items on offer.”

26. Cost-efficient

This term refers to something that is able to achieve maximum productivity or effectiveness with minimum wasted effort or expense. It implies that the item or service provides good value for the cost.

For example, a person might say, “I bought a cost-efficient car that gets great gas mileage.”
In a discussion about home appliances, someone might mention, “A cost-efficient dishwasher can save you money on your utility bills.”
A business owner might advertise their services as “cost-efficient” to attract budget-conscious customers.

27. Reasonable

This term describes something that is priced fairly and within reach for most people. It suggests that the cost is not excessive or unreasonable.

For instance, a person might say, “The hotel rates in that city are very reasonable.”
In a conversation about dining options, someone might recommend a restaurant by saying, “They have delicious food at reasonable prices.”
A shopper might comment, “I found a reasonable price for this item at the sale.”

28. Cheapskate

This term is often used in a lighthearted or joking manner to describe someone who is excessively frugal or reluctant to spend money. It implies that the person is overly concerned with saving money and may be unwilling to splurge on anything.

For example, a person might say, “My dad is such a cheapskate, he never wants to go out to eat.”
In a discussion about shopping habits, someone might admit, “I’m a bit of a cheapskate, I always look for the best deals.”
A friend might tease, “Don’t be such a cheapskate, treat yourself once in a while!”

29. Cost-conscious

This term describes someone who is mindful of the costs associated with a purchase or expense. It suggests that the person is aware of their budget and makes decisions accordingly.

For instance, a person might say, “I’m very cost-conscious when it comes to grocery shopping.”
In a discussion about travel, someone might mention, “I always look for cost-conscious accommodations.”
A financial advisor might recommend being “cost-conscious” as a way to save money and reach financial goals.

30. Money-saving

This term refers to something that helps save or conserve money. It suggests that the item or action is designed to reduce expenses or waste.

For example, a person might say, “I found a money-saving coupon for this product.”
In a conversation about energy efficiency, someone might mention, “Switching to LED lights is a money-saving choice.”
A financial planner might recommend “money-saving” strategies to help clients build wealth and achieve financial stability.

31. Reduced-cost

This term refers to a price that is lower than the original or regular price. It implies a reduction in cost or a special offer.

For example, “The store is offering reduced-cost items for the holiday season.”
A customer might ask, “Do you have any reduced-cost options available?”
A salesperson might advertise, “Take advantage of our reduced-cost sale to save big.”

32. Reduced-price

This phrase is used to describe a price that has been lowered from the original or regular price. It suggests a discount or a sale.

For instance, “The store has reduced-price items in the clearance section.”
A shopper might say, “I found this shirt on the reduced-price rack.”
A retailer might announce, “All summer merchandise is now reduced-price.”

33. Dime a dozen

This expression means that something is so common or abundant that it is not valuable or special. It suggests that the item is easily found and not worth much.

For example, “Those generic brand headphones are a dime a dozen.”
A person might comment, “In this city, coffee shops are a dime a dozen.”
Someone might say, “Don’t bother buying that toy, they’re a dime a dozen at any store.”

34. Frugal

This word describes a person who is careful with their money and avoids unnecessary spending. It suggests being resourceful and making wise financial choices.

For instance, “She is known for her frugal lifestyle.”
A friend might say, “I admire your frugal habits.”
A financial advisor might recommend, “To save money, try adopting a frugal mindset.”

35. Penny-pinching

This term is used to describe someone who is excessively frugal or stingy with their money. It implies being extremely careful with expenses and unwilling to spend.

For example, “He’s always penny-pinching, even when it comes to small purchases.”
A person might comment, “My grandmother is known for her penny-pinching ways.”
Someone might say, “I’m trying to cut back on expenses and become more penny-pinching.”

36. Wallet-conscious

This term refers to someone who is mindful of their spending and makes an effort to save money. It describes a person who is conscious of their financial situation and makes decisions accordingly.

For example, someone might say, “I’m trying to be more wallet-conscious and cut back on unnecessary expenses.”
A person discussing their shopping habits might mention, “I always look for wallet-conscious options and compare prices before making a purchase.”
In a conversation about travel, someone might say, “I prefer wallet-conscious destinations where I can get the most value for my money.”