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I am trying to name a product that is both affordable and premium. I want to use only one word e.g XXXXXX product. I have been looking for an adjective that means both premium and affordable but I have not found one yet. Any ideas?

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  • What do you mean by "premium"? Commented Dec 15, 2016 at 15:31
  • How does that work? I think premium means unnecessarily expensive! Commented Dec 15, 2016 at 15:37
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    That will be hard, considering that premium and affordable are close to being antonyms.
    – Glorfindel
    Commented Dec 15, 2016 at 15:38
  • @Clare By premium I mean very high quality product.
    – el94
    Commented Dec 15, 2016 at 15:46
  • It's very rare to find one-word adjectives that encapsulate what are normally antonyms. You're trying to write "even though this is premium, it's not overpriced" in just one word...
    – John Feltz
    Commented Dec 15, 2016 at 15:49

2 Answers 2

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As others have said, this is difficult to answer considering that affordable and premium are almost opposite to one another. So I thought maybe it could be re-described as a product that's cheap, but effective/high quality. Words that come to mind include cost-effective and economical. I chose these words because they epitomize the concept of "getting value for your money."

According to Oxford Living Dictionaries, the word "economical" means

Giving good value or return in relation to the money, time, or effort expended

My only doubt about this word is that synonyms for economical lean more towards the side of cheap, inexpensive, low-budget, etc.. However, the main point is the concept of "getting value for your money". This can be very subjective with regards to what's valuable. For example, there are hotels out there that may not be 5 stars but are still very comfortable and affordable. A hotel is just one of many low-budget and high-quality factors that can make up a cost-effective trip.

Another example of this could be American education. Private colleges and universities today in the US have an average cost of $32,410. However, there are more economical and practical choices for cheaper schooling such as public schools and community colleges. These cheaper schools can be much better in quality than the more expensive schools, depending on how you measure quality. Hence, it may be more cost-effective to go to a cheaper school because it could have the same caliber as or better than the more expensive school.

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  • slightly off topic, but public/state schools are unable to give (because of rules, laws, and lack of funding) any kind if substantial grants in aid. So, while I agree completely on the potential for quality education, and understand that your example is for the purpose of the original question, the idea that state schools are cheaper is not necessarily true. I personally had one child go to what is/was in the top 5 most expensive schools in the country, and one go to state school. The cost to our family was the same for each.
    – Yorik
    Commented Dec 15, 2016 at 16:20
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Not an adjective, but this may work: bargain/steal

ODO:

bargain NOUN

2 A thing bought or offered for sale much more cheaply than is usual or expected:
‘the table was a real bargain’

steal NOUN

1 informal A bargain:
‘at £59.95 it's an absolute steal’

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  • Bargain and steal capture how I think about getting a premium product at a low price, e.g., a $250 pair of shoes for $100 -- 60% off! Commented Dec 16, 2016 at 6:10

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