economically priced

USAGE SUMMARY

The phrase "economically priced" is correct and usable in written English.
It can be used to describe a product or service that is offered at a price that is affordable or provides good value for money. Example: "The new smartphone is economically priced, making it accessible to a wider range of consumers."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

18 human-written examples

Looking for an economically priced traditional sofa?

The New York Times

There are also more economically priced sets comprising three vinyl LPs or two CDs.

The Guardian - Music

The Industrial Revolution made it possible to manufacture a great variety of economically priced ceramic and glass containers.

Encyclopedia Britannica

With a few exceptions, like the substantial servings of steak, most portions consist of a single skewer, economically priced (from $2.50 for vegetables to $8.95 for tuna).

The New York Times

The Leifur Eiriksson, Skolavordustigur 45; [phone]; www.hotelleifur.is, is a well-regarded, economically priced hotel with rooms for 10,400 kronur.

The New York Times - Travel

Our brief sampling of the sizable, economically priced menu included fried clam strips, which had scant flavor but came with freshly made cole slaw and a mountain of delicious French fries for $8.99.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

42 human-written examples

The selection of generator to be curtailed can be done technically, but also economically (price balancing).

EURASIP Journal on Embedded Systems

All of which, Bryant said, lends itself to economically sized, and priced, gyms.

Huffington Post

Hourly marginal cost pricing would send the economically efficient price signal to those customers to reduce their demand, whereas a system-peak demand charge would not.

Stanford University

DS availability is especially dictated by HIC via concluding (non-concluding) the contractual relation with the HCP, economically verified pricing as well as price differentiation for individual types of HCP.

Health Economics Review

The model confirmed that, for rare diseases, the economically justifiable prices of vaccines could be substantially lower than drug prices, and that, for diseases spread across multiple cohorts, the revenues derived from vaccinating one cohort per year (routine vaccination) could be substantially lower than those generated by treating sick individuals.

Cost Effectiveness and Resource Allocation

Expert writing Tips

Best practice

When describing products or services, use "economically priced" to emphasize affordability without sacrificing perceived quality. It suggests a balance between cost and value, appealing to budget-conscious consumers.

Common error

Avoid using "economically priced" in highly formal or academic contexts where simpler terms like "affordable" or "cost-effective" might be more appropriate. Always consider your audience and the overall tone of your writing.

Linguistic Context

The phrase "economically priced" functions as a pre-modifying adjective describing a noun, indicating that the noun (e.g. product, service) is offered at an affordable or reasonable cost. According to Ludwig AI, this phrase is correct and usable in written English.

Expression frequency: Common

Frequent in

News & Media

47%

Science

32%

Academia

8%

Less common in

Encyclopedias

5%

Wiki

5%

Formal & Business

3%

Ludwig's WRAP-UP

The phrase "economically priced" is a common and grammatically correct way to describe something as affordable and offering good value. Ludwig AI confirms its usability across various contexts, particularly in news, science, and academia. It effectively communicates that a product or service balances cost and quality, appealing to budget-conscious consumers. While alternatives like "affordable" or "budget-friendly" exist, "economically priced" offers a nuanced suggestion of value. When using this phrase, consider your audience and the overall tone to ensure it fits appropriately.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Affordable

Focuses solely on the characteristic of being within financial reach.

Budget-friendly

Emphasizes suitability for those with limited financial resources.

Reasonably priced

Indicates fairness in relation to the perceived worth of a product or service.

Low-cost

Highlights the attribute of having minimal financial burden.

Value-priced

Directly communicates a favorable financial exchange.

Competitively priced

Suggests that the monetary value is appealing when compared to similar options.

Inexpensive

Signifies something does not require a large financial outlay.

Moderately priced

Describes something falling within an intermediate value bracket.

Cheap

Implies a low price, sometimes at the expense of quality.

Discounted

Emphasizes that a sum has been reduced from its usual level.

FAQs

How can I use "economically priced" in a sentence?

You can use "economically priced" to describe products or services that are affordable or offer good value for the money. For example: "The new smartphone is "economically priced", making it accessible to a wider range of consumers".

What are some alternatives to saying "economically priced"?

Alternatives include "affordable", "budget-friendly", or "reasonably priced" depending on the specific nuance you want to convey.

Is it better to say "economically priced" or "cheap"?

"Economically priced" suggests good value for money, while "cheap" can imply low quality. Therefore, "economically priced" is generally a better choice when you want to emphasize affordability without compromising quality.

What does "economically priced" mean?

It means that a product or service is offered at a price that is considered to be a good value, balancing cost and quality effectively.