Rate vs That's your price

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

Rate

Top 1,000 (very common)A2noun

That's your price

Top 2,000 (common)
Most common: Rate
 RateThat's your price
Pronunciation🇬🇧 /["/reɪt/"]/🇺🇸 /["/reɪt/"]/🇬🇧 //ðæts jɔː prʌɪs//🇺🇸 //ðæts jɔr praɪs//
MeaningHow much something is valued or measured.This means the amount you need to pay for something.
ExampleThe teacher gave each student a rate based on their performance in class.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 levelA2-
Part of speechnoun
Collocationsconstant, expected, regular, accelerate, improve, increase, be up, go up, shoot up, at a/​the rate, rate of, rate per, constant, expected, regular, accelerate, improve, increase, be up, go up, shoot up, at a/​the rate, rate of, rate per, cheap, competitive, low, determine, fix, peg, climb, go up, increase, at a/​the rate, rate for, rate of, a drop in rates, a rise in rates, a rate of return, cheap, competitive, low, determine, fix, peg, climb, go up, increase, at a/​the rate, rate for, rate of, a drop in rates, a rise in rates, a rate of returnset your price, adjust your price, negotiate your price
Antonymsdisrate, devalue-
Common mistakesConfused with 'rate' vs 'rate of' - 'rate of' implies a measurement over time., Using 'rated' when 'rate' is required - 'I rate this movie' not 'I rated this movie for now.', Mixing up with 'ratio' - 'rate' refers to the value assessment.'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 notesUsed in both formal and informal contexts. Appropriate for discussing evaluations, scores, and comparisons. Avoid using it in contexts that require more emotional nuance.This phrase is typically used in commercial contexts when discussing payment, and is appropriate in both casual and formal transactions.

See it in real clips

That's your price

Frequently asked questions: Rate vs That's your price

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

Rate: How much something is valued or measured. That's your price: This means the amount you need to pay for something.

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

Rate is the most common in everyday English.

Can you show an example of each?

Rate: The teacher gave each student a rate based on their performance in class. That's your price: After haggling, the seller finally said, 'That's your price, take it or leave it.'

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

Not always. Rate 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.

Related comparisons