Cost vs That's your price

When to use each in English, with meaning, register, and examples.

Cost

Top 1,000 (very common)A1noun

That's your price

Top 2,000 (common)
Most common: Cost
 CostThat's your price
Pronunciation🇬🇧 /["/kɒst/"]/🇺🇸 /["/kɔːst/"]/🇬🇧 //ðæts jɔː prʌɪs//🇺🇸 //ðæts jɔr praɪs//
MeaningThe amount of money needed to buy something.This means the amount you need to pay for something.
ExampleThe cost of the new car is very high.After haggling, the seller finally said, 'That's your price, take it or leave it.'
RegisterNeutralNeutral
How commonTop 1,000 (very common)Top 2,000 (common)
CEFR levelA1-
Part of speechnoun
Collocationsconsiderable, high, enormous, carry, have, bear, escalate, go up, increase, reduction, savings, increase, at a cost of, cost to, an increase in cost, a reduction in cost, at great cost, considerable, enormous, great, incur, pay, increase, be associated, be involved, escalate, considerable, enormous, great, outweigh, suffer, count, at cost (to), at a cost (to), at the cost of, costs and benefits, at all costs, at any cost, court, legal, administrative, incur, pay, be awardedset your price, adjust your price, negotiate your price
Antonymsfree, no cost-
Common mistakesUsing 'cost' in past tense improperly, like 'costed'., Confusing 'cost' with 'price' in terms of usage., Omitting the amount, e.g., saying 'This costs...' without stating the price.'That's your price' is sometimes confused with 'What's your price?' which is a question., Learners may use it incorrectly in contexts that don't involve payment., Overusing this phrase can sound transactional and impersonal.
Usage notesUse 'cost' to describe the price of goods or services. It’s appropriate in both spoken and written language, but avoid using it in very formal contexts where more specific terms might be preferred.This phrase is typically used in commercial contexts when discussing payment, and is appropriate in both casual and formal transactions.

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Cost
That's your price

Frequently asked questions: Cost vs That's your price

What's the difference between Cost and That's your price?

Cost: The amount of money needed to buy something. That's your price: This means the amount you need to pay for something.

Which is more common: Cost and That's your price?

Cost is the most common in everyday English.

Can you show an example of each?

Cost: The cost of the new car is very high. That's your price: After haggling, the seller finally said, 'That's your price, take it or leave it.'

Can I use Cost and That's your price interchangeably?

Not always. Cost and That's your price are related and overlap in some contexts, but they differ in register, how common they are, and usage, so swapping one for another can change the meaning or tone. Check the differences above before substituting.

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