estimated price

USAGE SUMMARY

"estimated price" is correct and usable in written English.
You can use it when you want to describe the cost of something that has not been set in stone. For example, "The estimated price for the new sofa is $450."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

57 human-written examples

Estimated price?

The New York Times

Estimated price: Not available.

The New York Times

The estimated price will be $299.

The New York Times - Tech

The estimated price: a few hundred bucks.

The New York Times - Arts

The estimated price is $150 to $200.

The New York Times - Style

And will the double eagle sell at its estimated price?

The New York Times

Cost: $10,000 Estimated price reduction: ten per cent.

The New Yorker

The estimated price tag is $25 million, a bargain.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

3 human-written examples

As a group, they carry a 2003 estimated price-to-earnings ratio of 13.

Forbes

The S&P 500 carries a 2001 estimated price-to-earnings (P/E) multiple of 26.

Forbes

All these stocks also trade at estimated price-to-earnings multiples below their five-year averages.

Forbes

Expert writing Tips

Best practice

When using "estimated price", clarify the basis of the estimation. Mention factors considered or methodologies applied for transparency.

Common error

Avoid presenting an "estimated price" as a guaranteed final cost. Always communicate the possibility of variations due to unforeseen circumstances or market fluctuations.

Linguistic Context

The phrase "estimated price" functions as a noun phrase, typically used as a subject, object, or complement in a sentence. It refers to an approximate cost rather than a fixed one. Ludwig provides several examples demonstrating its use in various contexts.

Expression frequency: Very common

Frequent in

News & Media

68%

Science

12%

Formal & Business

6%

Less common in

Wiki

4%

Reference

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "estimated price" is a common and grammatically correct noun phrase used to indicate an approximate cost. As Ludwig AI confirms, it's appropriate for diverse contexts, mainly in News & Media sources but used across scientific and business fields, too. When employing this phrase, it's crucial to clarify that it's an estimate and that the final price may vary. Alternatives like "approximate cost", "projected price", and "anticipated cost" offer similar meanings with slight variations in nuance.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

approximate cost

Focuses on the monetary value using a less formal term.

projected price

Emphasizes the prediction aspect of the price.

anticipated cost

Highlights the expectation of a certain cost.

expected price range

Provides a span of possible prices.

preliminary price

Indicates an early, subject-to-change price.

indicative price

Implies the price is a suggestion or guide.

budgeted cost

Refers to a cost included in a budget.

quoted price

Refers to a price provided by a vendor.

valuation

Describes the worth or value assigned to something.

price forecast

Focuses on a prediction of what a price will be.

FAQs

How can I use the phrase "estimated price" in a sentence?

You can use "estimated price" to refer to the approximate cost of something. For example, "The "estimated price" for the repair is $500, but it could change after a thorough inspection".

What are some alternatives to saying "estimated price"?

Depending on the context, you could use alternatives like "approximate cost", "projected price", or "anticipated cost".

Is it better to use "estimated price" or "exact price"?

The choice depends on whether the price is final. Use "estimated price" when the cost is approximate and subject to change. Use "exact price" when the cost is fixed and guaranteed.

What factors influence the accuracy of an "estimated price"?

The accuracy of an "estimated price" can be influenced by factors such as market conditions, material costs, labor expenses, and unforeseen challenges. Disclosing these factors enhances trust.