also: コストパーフォーマンス
noun
cost performance; cost effectiveness; price-performance ratio
Used in business, tech, and everyday contexts to evaluate how well something performs relative to its cost.
このスマホはコストパフォーマンスが高い。
This smartphone offers great cost performance.
noun
value for money; bang for one's buck
More casual, consumer-oriented nuance; emphasizes getting good quality or satisfaction for the price paid.
あのレストランはコストパフォーマンスがいい。
That restaurant is good value for money.