cost-performanceratio

noun
UK /ˌkɒst pəˈfɔːməns ˈreɪʃiəʊ/
US /ˌkɔːst pərˈfɔːrməns ˈreɪʃoʊ/

How much you get for the money you spend.

The new laptop has a great cost-performance ratio because it is fast and not too expensive.

SYNONYMS

value for moneyprice-to-performance ratiocost-effectivenessbang for the buck

RELATED WORDS

efficiencybudgetvalueaffordabilitybenchmark

OTHER MEANINGS

2. A comparison of how much a product costs versus how well it works.

Reviewers praised the phone's cost-performance ratio over its rivals.

3. A way to judge if spending more money gives you better results.

The team compared the cost-performance ratio of both servers before buying.

4. The balance between price and quality in a purchase.

For students, the cost-performance ratio of the tablet made it the best choice.