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The phrase "economically affordable" is correct and usable in written English.
You can use this phrase when referring to items or services that have a low cost when compared to others. For example, "This laptop is an economically affordable way to stay connected."
Exact(37)
This study examines the economics of building economically affordable and environmentally favourable BTL systems of smaller throughputs with particular reference to India.
The research shows that accelerating the deployment of renewables on a scale needed to keep global temperature rise at or below 2°C is both technically feasible and economically affordable, with many additional benefits for health, economic growth and employment.
It is now widely accepted that averting serious climate change is technically feasible and economically affordable.
Vermifiltration is an economically affordable and environmentally sustainable technology for treatment of wastewater.
Several recent reviews of these ideas conclude that cooling the planet would be technically feasible and economically affordable.
The high price of crude oil and wide application of horizontal wells make polymer flooding both economically affordable and technically feasible for heavy oil reservoirs.
Similar(23)
All parties are in favour of development anywhere outside national parks if it is dressed up as economically advantageous, "affordable" or "green".
These adsorbents are economically more affordable and also more environment-friendly [9, 10, 11, 12].
For the poor and economically disadvantaged, more affordable mobility would enable increased economic mobility by allowing faster and cheaper transportation to jobs in a wider geographical region especially to those areas not well served by public transportation.
Sustainable diets are economically fair and affordable; nutritionally adequate, safe and healthy; while optimising natural and human resources".
To Mr. Obama and his aides, Marja proved that progress was possible — but not on the kind of timeline that Mr. Obama thought economically or politically affordable.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com