monthly rate

USAGE SUMMARY

The phrase "monthly rate" is correct and usable in written English.
It can be used when discussing the cost or fee that is charged on a monthly basis for a service or product. Example: "The monthly rate for the gym membership is $30, which includes access to all facilities."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

MetroPCS specializes in providing unlimited local calls for a flat monthly rate of $35.

The New York Times

But the monthly rate was down from March, easing fears of stagflation.

The New York Times

The monthly rate has been either 4.5percentt or 4.4percentt since April.

The New York Times

"It's comparable to the monthly rate for permanent signage," he said.

The New York Times

The monthly rate of growth picked up, with a rise of 1.2% following March's 0.5% increase.

The Guardian - Money

She also set a new monthly rate of $3,800 to be paid until December.

The New York Times

Inflation in August was the highest monthly rate reported since December 1996.

The New York Times

The monthly rate of inflation was 313,563,558percentnt.

The New Yorker

Inflation has already raced to its highest monthly rate for six years.

The Economist

Turkey saw its lowest monthly rate of inflation for almost 30 years in October.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

1 human-written examples

The six-monthly rate of MRSA bloodstream infections was 1.24 cases per 10,000 bed days.

Independent

Expert writing Tips

Best practice

When discussing subscription services or memberships, clearly state what is included in the "monthly rate" to avoid ambiguity.

Common error

Avoid solely focusing on a low "monthly rate" without considering associated fees, contract terms, or long-term financial implications. Always present the complete cost picture.

Linguistic Context

The phrase "monthly rate" functions primarily as a noun phrase. It's used to denote the amount of money charged or paid on a monthly basis for a service, subscription, or rental. This is supported by Ludwig's examples, which consistently demonstrate its use in financial contexts.

Expression frequency: Very common

Frequent in

News & Media

50%

Science

25%

Formal & Business

15%

Less common in

Encyclopedias

2%

Wiki

5%

Reference

3%

Ludwig's WRAP-UP

The phrase "monthly rate" is a common and grammatically correct term used to describe the cost incurred on a monthly basis for various services or products. As demonstrated by Ludwig's examples, its usage spans diverse contexts, from news reports and scientific publications to business transactions. The phrase is considered neutral in formality and aims to clearly communicate recurring costs. When using this phrase, ensure clarity by specifying what the "monthly rate" includes to avoid potential misunderstandings about associated fees or contract terms.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

monthly charge

Replaces "rate" with "charge", emphasizing the financial cost.

monthly fee

Similar to "monthly charge", but often used for services or memberships.

recurring monthly payment

More explicit about the payment being a regular occurrence.

monthly subscription cost

Specifies that the rate is for a subscription service.

periodic monthly expense

Highlights the expense aspect and its regular nature.

agreed monthly payment

Emphasizes an agreement between parties involved.

scheduled monthly debit

Highlights the automatic debit from an account.

fixed monthly outlay

Emphasizes the financial commitment.

monthly installment

Suggests a payment that is part of a larger total amount to be paid.

agreed upon monthly price

More specific, indicating a price that has been formally agreed.

FAQs

How do I properly use "monthly rate" in a sentence?

Use "monthly rate" when you need to specify the cost of something that is charged per month. For example, "The "monthly rate" for the apartment includes utilities".

What can I say instead of "monthly rate"?

You can use alternatives like "monthly fee", "monthly charge", or "monthly cost" depending on the context.

What's the difference between "monthly rate" and "annual rate"?

"Monthly rate" refers to the cost for one month, while "annual rate" refers to the cost for one year. The annual rate is typically the monthly rate multiplied by 12.

Is it better to focus on a low "monthly rate" or the total cost?

It's crucial to consider the total cost, including any associated fees or long-term obligations. A seemingly low "monthly rate" might be misleading if the overall cost is significantly higher.