Meaning of the word budget-friendly in English

What does budget-friendly mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

budget-friendly

US /ˈbʌdʒɪt ˈfrɛndli/
UK /ˈbʌdʒɪt ˈfrɛndli/

Adjective

inexpensive or affordable; suitable for someone on a limited budget

Example:
We found a really great budget-friendly hotel for our vacation.
This restaurant offers delicious meals at budget-friendly prices.