What is an alternate word or phrase for less expensive?

Here are some alternate words and phrases for "less expensive," depending on the context and desired tone:

Formal:

* More affordable

* Budget-friendly

* Cost-effective

* Economical

* Inexpensive

* Lower-priced

* Value-priced

Informal:

* Cheaper

* More reasonable

* A steal

* A bargain

* Good value for the money

* A good deal

* Priced right

Specific to particular contexts:

* Discounted (if there is a sale)

* On sale (if there is a sale)

* Used (if the item is pre-owned)

* Second-hand (if the item is pre-owned)

* Refurbished (if the item has been repaired)

Choose the word or phrase that best fits the specific situation.