is cost-effective

USAGE SUMMARY

The phrase "is cost-effective" is correct and usable in written English.
It can be used when discussing the efficiency or financial viability of a product, service, or solution in terms of cost relative to its benefits. Example: "Investing in solar panels is cost-effective in the long run, as it significantly reduces electricity bills."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

42 human-written examples

First, it is cost-effective.

The Guardian - Opinion

The plan is cost-effective.

The New York Times

Prison drug treatment is cost-effective.

The New York Times

Whether the project is cost-effective.

Cornell University

Such deception is cost-effective and low-risk.

The New York Times

Either it is cost-effective or it is not.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

18 human-written examples

Sometimes, leasing is cost effective.

The New York Times

Good social work is cost effective.

The Guardian

Advocates of art therapy believe it is cost effective.

The Guardian

The restorers also agree that furniture rejuvenation is cost effective.

The New York Times

Furthermore, the technique is cost effective and readily scalable.

Nature

Expert writing Tips

Best practice

When arguing that something "is cost-effective", quantify the benefits and costs involved. For example, instead of saying "Investing in renewable energy is cost-effective", say "Investing in renewable energy is cost-effective, saving the company $10,000 per year in energy costs while reducing its carbon footprint."

Common error

Avoid claiming something "is cost-effective" without providing concrete evidence or data to support the assertion. Back up your claims with specific numbers or comparisons to alternatives.

Linguistic Context

The phrase "is cost-effective" functions as a predicate adjective, describing the subject as providing good value for its price. As seen in Ludwig, it is commonly used to assess the economic efficiency of various options.

Expression frequency: Very common

Frequent in

Science

34%

News & Media

44%

Formal & Business

12%

Less common in

Wiki

4%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "is cost-effective" is a widely used expression to denote that something provides good value for its price. Ludwig AI confirms its grammatical correctness and usability. As evidenced by the numerous examples, this phrase is prevalent in news, science, and business contexts. Related phrases include "is economical" and "is efficient", offering alternative ways to convey a similar meaning. When using "is cost-effective", it is crucial to provide evidence to support your claim. The phrase is versatile, suitable for various communication purposes, and generally maintains a formal tone.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

is economical

Emphasizes the aspect of being thrifty and avoiding waste.

is efficient

Focuses on achieving maximum productivity with minimum wasted effort or expense.

is budget-friendly

Highlights affordability and suitability for those with limited budgets.

is a good value

Stresses the balance between price and quality, indicating that the benefits are worth the cost.

is competitively priced

Focuses on how the price compares to similar options in the market.

offers a high return on investment

Highlights the profitability and benefits gained relative to the initial expenditure.

is worthwhile

Emphasizes that the benefits justify the effort or resources expended.

is economically viable

Stresses the ability to be sustained financially over time.

is a smart investment

Focuses on the long-term benefits and wise allocation of resources.

is optimally priced

Implies that the price has been carefully set to maximize value and appeal.

FAQs

How can I use "is cost-effective" in a sentence?

You can use "is cost-effective" to describe a product, service, or strategy that provides good value for the money spent. For instance, "Using LED lighting "is cost-effective" because it reduces energy consumption and lasts longer than traditional bulbs."

What are some alternatives to saying "is cost-effective"?

Alternatives include "is economical", "is efficient", "is budget-friendly", or "is a good value", depending on the specific context.

When is it appropriate to use the term "is cost-effective"?

Use "is cost-effective" when you want to emphasize that the benefits of something outweigh its costs. This is often used in business, finance, and healthcare contexts.

What's the difference between "is cost-effective" and "is cheap"?

"Is cheap" implies a low price, while "is cost-effective" suggests that the value received is high relative to the cost. Something can be expensive but still "is cost-effective" if it provides significant benefits or savings in the long run.