affordability
affordability
Noun
This term describes the intersection of price and purchasing power. It is frequently used in policy discussions, urban planning, and economics to describe whether a necessity, such as housing or medicine, is priced at a level that does not compromise a person's ability to meet other basic needs.
As an uncountable noun, it refers to a general state or quality rather than a discrete object. It cannot be pluralized or counted with numbers; instead, it is modified by adjectives like high or low to indicate the degree of accessibility.