Synonyms price
price
These words all refer to the amount of money that you have to pay for something.
price the amount of money that you have to pay for an item or service: house prices
How much are these? They don’t have a price on them.
I can’t afford it at that price.
cost the amount of money that you need in order to buy, make or do something: A new computer system has been installed at a cost of £80 000.
value how much something is worth in money or other goods for which it can be exchanged: The winner will receive a prize to the value of £1 000.
Especially in British English, value can also mean how much something is worth compared with its price: This restaurant is excellent value (= is worth the money it costs).
price, cost or value?
The price is what somebody asks you to pay for an item or service: to ask/charge a high price • to ask/charge a high cost/value. Obtaining or achieving something may have a cost; the value of something is how much other people would be willing to pay for it: house prices • the cost of moving house • The house now has a market value of one million pounds.
expense the money that you spend on something; something that makes you spend money: The garden was transformed at great expense.
Running a car is a big expense.
worth the financial value of somebody/something:
He has a personal net worth of $10 million.
Worth is more often used to mean the practical or moral value of something.
Patterns
the high price/cost/value
the real/true price/cost/value/worth
to put/set a price/value on something
to increase/reduce the price/cost/value/expense
to raise/double/lower the price/cost/value
to cut the price/cost