noun
cost performance; cost effectiveness; price-performance ratio
Refers to the objective ratio of cost to performance or effectiveness, often used in product comparisons and business analysis.
See also: コストパフォーマンス
このスマホはコスパが高い。
This smartphone has great cost performance.
コスパを重視して部品を選定した。
We selected parts with an emphasis on cost effectiveness.
noun
value for money; bang for one's buck
More subjective and colloquial than sense 1; used when something feels like a good deal or worth the price in everyday situations.
このランチはコスパ最強だね。
This lunch is the best bang for your buck.
コスパのいい居酒屋を見つけた。
I found an izakaya with great value for money.