affordability

noun ! Definition from Wiktionary (CC BY-SA). More about affordability at Wordnik → Where our words come from →

1. The extent or degree to which something is affordable, as measured by its cost relative to the amount that the purchaser is able to pay.

   First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years.

2. A desirable degree of that characteristic: synonym of inexpensiveness.