So reasonably priced that one can afford it. It describes products or services that are not excessively expensive and are within the financial means of many people.
example
Die Mieten in dieser Gegend sind für Studenten noch relativ erschwinglich.
The rents in this area are still relatively affordable for students.
Usage tips
Word family
The adjective 'erschwinglich' (affordable) derives from the verb 'sich etwas erschwingen' (to be able to afford something), which means that one has enough money to buy something. An 'erschwingliches' (affordable) product is therefore something one can afford.
EXAMPLE
Ein neues Auto kann ich mir im Moment nicht erschwingen.
I can't afford a new car at the moment.
Sentence structure with 'für'
To specify for whom something is 'erschwinglich' (affordable), the construction 'für' + accusative is often used. This narrows down the target group.
EXAMPLE
Diese kleinen Wohnungen sind vor allem für Studierende erschwinglich.
These small apartments are affordable especially for students.
Typical adverbs
'Erschwinglich' (affordable) is often modified by adverbs such as 'kaum' (hardly), 'gerade noch' (just barely), 'relativ' (relatively), or 'durchaus' (quite). These adverbs indicate to what extent something is affordable.
EXAMPLE
Die Tickets für das Konzert waren gerade noch erschwinglich.
The tickets for the concert were just barely affordable.
Compare with
antonym
erschwinglich vs teuer
expensive
'teuer' and 'erschwinglich' are opposites when talking about price. 'teuer' means that something costs a lot of money. 'erschwinglich' means that the price is low enough that one can afford it. This is often not just about the exact price, but about the question: Is it affordable for ordinary people or for a specific person? 'teuer' emphasizes the high amount, while 'erschwinglich' emphasizes that the price is still within reasonable limits.
erschwinglich
Nach langer Suche haben sie eine erschwingliche Wohnung gefunden.
After a long search, they found an affordable apartment.
teuer
In der Innenstadt sind die Wohnungen für viele Familien zu teuer.
In the city center, the apartments are too expensive for many families.