kostengünstig
Translation
cost-effective, inexpensive, good value, low-cost
Examples
Ich habe einen kostengünstigen Flug gebucht.
I booked a low-cost flight.
Grammar Patterns
((sth.)) sein to be cost-effective / inexpensive This method is very cost-effective.
Similar Words
Synonyms: preiswert, billig, günstig; Antonyms: teuer (expensive), kostspielig (costly)
Etymology
From 'Kosten' (costs) + 'günstig' (favourable, inexpensive). It means favourable in terms of cost.
Memory Tips
'Günstig' implies not just cheap, but also favourable or advantageous. So, it's good value for the cost.