Low cost is a term often used to describe something that is affordable or inexpensive. However, there are many other words that can be used to convey the same meaning. Some synonyms for low cost include budget-friendly, economical, affordable, cheap, reasonable, cost-effective, and value-for-money. Other phrases that can be used in place of low cost include discounted, reduced-price, and wallet-friendly. Choosing the right synonym or phrase to describe something that is affordable depends on the context and audience. Whether it's for marketing materials or personal communication, there are a variety of words and phrases that effectively convey the idea of affordability.