decrease in cost

USAGE SUMMARY

The phrase "decrease in cost" is correct and usable in written English.
It can be used when discussing a reduction in expenses or prices in various contexts, such as business, finance, or economics. Example: "The company reported a significant decrease in cost due to improved efficiency in production."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Nevertheless, low energy building materials and micro-generation technologies are continuing to decrease in cost.

The Guardian

One of the things Mr. Dickson was most excited about was the continued decrease in cost and increase in capacity.

The Guardian

To those struggling to make ends meet, even a small decrease in cost of health care can mean the difference between getting treatment or not.

The New York Times

And some analysts believe the current interest in the technology will similarly subside, despite the significant decrease in cost of equipment.

The New York Times

"We are quite bullish on solar, having seen the remarkable decrease in cost and the aggressive position taken by the Obama administration," Mr. Dean said.

The New York Times

It is possible, for example, to obtain from manufacturers estimates of the increase or decrease in cost of production entailed in the main changes in automobiles from one model year to the next.

Encyclopedia Britannica

Digital transformation is converging with the decrease in cost of VR hardware.

TechCrunch

Three years before co-founding Intel, Gordon Moore observed that transistors would decrease in cost and increase in performance at an exponential rate.

TechCrunch

The 360's early launch gave it a lead to begin with, and a steady decrease in cost hasn't hurt either.

TechCrunch

Drainage depth is an issue of increase or decrease in cost of installation and also availability of machineries and labor.

Applied Water Science

However, even with such decrease in cost, the production of bacterial spores to incorporate in concrete is too expensive.

Construction and Building Materials

Expert writing Tips

Best practice

When discussing a "decrease in cost", be specific about the area where the cost reduction occurs. For instance, specify whether it's a "decrease in production cost", a "decrease in operational cost", or a "decrease in marketing cost".

Common error

Avoid vague statements about "decrease in cost" without clarifying the impact on quality or service. A reduction in expenses should not compromise the overall value proposition.

Linguistic Context

The phrase "decrease in cost" functions as a noun phrase that typically serves as the object or complement in a sentence. It denotes a reduction in expenses or pricing, as evidenced by Ludwig's examples.

Expression frequency: Very common

Frequent in

Science

44%

News & Media

39%

Formal & Business

17%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "decrease in cost" is a grammatically correct and frequently used phrase, primarily functioning as a noun phrase to describe a reduction in expenses. As confirmed by Ludwig, it finds common application across diverse domains, including science, news, and formal business settings. While phrases like "reduction in expenses", "cost reduction", and "drop in price" can be used as alternatives, context should be considered to best match the author's intent. Therefore, clarity and specificity are always recommended to enhance the impact of your writing. Moreover, Ludwig's analysis indicates that the phrase carries a professional tone, making it suitable for official reports and communications.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cost reduction

A more concise and direct way of expressing the same concept.

lower costs

A simpler and more direct way of saying "decrease in cost".

reduction in expenses

Focuses more broadly on all types of expenses, not just costs.

decline in expenditure

Uses a more formal term ('expenditure') for expenses, implying a more formal context.

decline in pricing

Emphasizes the action of pricing something lower.

reduction in price

Focuses specifically on the reduction of the price.

drop in price

Specifically refers to the decrease in the monetary value of a product or service.

trimming costs

Implies careful and strategic cost management to achieve reductions.

cutbacks in expenditure

Highlights that the cost reduction is achieved by a decision of actively cutting cost.

slashed prices

More informal, conveys a dramatic or significant price reduction.

FAQs

How can I use "decrease in cost" in a sentence?

You can use "decrease in cost" to describe a reduction in expenses or prices. For example: "The company reported a significant "decrease in cost" due to improved efficiency."

What are some alternatives to saying "decrease in cost"?

Alternatives include "reduction in expenses", "cost reduction", or "drop in price", depending on the context.

Is it better to say "decrease in cost" or "reduction in cost"?

"Decrease in cost" and "reduction in cost" are often interchangeable, but "reduction in cost" might sound slightly more formal. Choose the one that best fits the tone of your writing.

What's the difference between "decrease in cost" and "decrease in price"?

"Decrease in cost" refers to a reduction in the expenses associated with producing or operating something, while "decrease in price" refers specifically to a reduction in the monetary value offered to consumers.