estimated cost

USAGE SUMMARY

The phrase "estimated cost" is correct and usable in written English.
This phrase is most commonly used to refer to the estimated cost of something, such as a product, service, or project. For example, "The estimated cost of the construction project is $100,000."

✓ Grammatically correct

News & Media

Academia

Wiki

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The ship's estimated cost: $780 million.

The New York Times - Travel

Estimated cost?

Huffington Post

Estimated cost £15 billion.

Vice

HIV/AIDS DRG estimated cost per year.

BMC Health Services Research

Estimated cost: £12bn.

The Guardian - Opinion

Estimated cost: $1 million.

The New York Times

Estimated cost: about $1,570.

The New York Times - Travel

;) Estimated cost: you tell us.

The New Yorker

Estimated cost of visit: up to £20m.

Independent

Estimated cost: pledge levels vary.

The New Yorker

Estimated cost is nine hundred million dollars.

The New Yorker

Expert writing Tips

Best practice

When using "estimated cost", specify the currency to avoid ambiguity, especially in international contexts. For example, "The estimated cost is $5000 USD".

Common error

Avoid presenting the "estimated cost" with excessive decimal places. Since it's an estimation, rounding to the nearest whole number or significant figure is generally more appropriate.

Linguistic Context

The phrase "estimated cost" functions as a noun phrase, typically acting as the subject or object of a sentence. It identifies and quantifies a projected expense. Ludwig AI confirms its correct usage.

Expression frequency: Very common

Frequent in

News & Media

35%

Academia

30%

Wiki

15%

Less common in

Science

10%

Formal & Business

5%

Reference

5%

Ludwig's WRAP-UP

In summary, "estimated cost" is a commonly used noun phrase that refers to a projected or approximate expense. As confirmed by Ludwig AI, it is grammatically correct and widely used across various contexts, including News & Media, Academia, and Wiki sources. While the phrase is versatile, it's essential to provide context, such as specifying the currency, and avoid misleading precision. Alternatives like "projected expenditure" or "approximate price" can be used for variety. Overall, "estimated cost" is a reliable and clear way to communicate expected financial figures.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

projected expenditure

Focuses on the spending aspect of the cost.

anticipated expenses

Emphasizes the expected nature of the costs.

budgeted amount

Highlights the planned financial allocation.

approximate price

Replaces "cost" with a direct synonym for price.

preliminary valuation

Suggests a formal assessment before finalization.

forecasted outlay

Uses more formal terms for prediction and spending.

expected financial burden

Emphasizes the impact of the cost.

assumed financial commitment

Highlights the obligation and the assumption behind the cost.

rough calculation

Indicates a less precise estimate.

initial financial assessment

Highlights the early stage of the cost evaluation.

FAQs

How do you use "estimated cost" in a sentence?

You can use "estimated cost" to describe the approximate expense of a project, item, or service. For example, "The "estimated cost" of the new bridge is $2 million."

What are some alternatives to "estimated cost"?

Alternatives include "projected expenditure", "anticipated expenses", or "approximate price" depending on the context.

How does "estimated cost" differ from "actual cost"?

"Estimated cost" refers to the predicted or approximated expense, whereas "actual cost" is the final, confirmed amount spent. The actual cost may differ from the "estimated cost" due to unforeseen circumstances or changes in plans.

When is it appropriate to use "estimated cost"?

Use "estimated cost" when providing an initial approximation or projection of expenses, especially before the final costs are known. This is common in project proposals, budget planning, and initial price quotes.