steep cost

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/stiːp kɒst/
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An expression describing a price, expense, or sacrifice that is significantly higher or greater than expected — either in financial terms (an excessively high monetary cost) or figuratively (a heavy sacrifice of health, relationships, time, or opportunity).

Examples

  • The new software comes with a steep cost that many small businesses simply cannot afford.
  • He paid a steep cost for ignoring the early warning signs of burnout.
  • Investors were warned about the steep costs of entering the overcrowded market.
  • The renovation was beautiful, but the steep cost wiped out their savings.
  • They are willing to pay the steep cost of urban real estate for the convenience of city living.

Similar words

serious consequence
high toll
high price
premium
heavy expense
great sacrifice
heavy price
prohibitive cost
bitter cost
exorbitant price

Meanings

High financial price or expense

noun
everyday
neutral
A price or expense that is significantly higher than usual or expected, often to a degree that seems excessive or difficult to justify.

Examples

  • The new software comes with a steep cost that many small businesses simply cannot afford.
  • They are willing to pay the steep cost of urban real estate for the convenience of city living.
  • The renovation was beautiful, but the steep cost wiped out their savings.
  • Investors were warned about the steep costs of entering the overcrowded market.

Similar words

Heavy sacrifice or serious consequence

noun
everyday
neutral
A significant loss, sacrifice, or negative outcome — such as damage to health, relationships, time, or opportunities — that must be endured as the price of an action or decision.

Examples

  • They achieved their goal, but at a steep cost to their personal relationships.
  • Victory came at a steep cost: hundreds of soldiers had been lost.
  • He paid a steep cost for ignoring the early warning signs of burnout.
  • The country's rapid industrialization came at a steep cost to the environment.

Similar words

Etymology

From steep (adjective) + cost (noun). The adjective steep in the sense of 'excessively high in price' is attested from around 1856 in American English slang, derived from the older literal meaning of 'rising sharply, precipitous' (Old English stēap, meaning high, lofty). The metaphor images a price that climbs steeply upward, beyond a reasonable level. Cost comes from Old French coust, from Latin constāre ('to stand at a price, to cost').

FAQ

What does 'steep cost' mean?

Steep cost has two main senses. Financially, it means a price or expense that is significantly higher than expected or reasonable — too expensive for many. Figuratively, it means a heavy sacrifice or serious consequence — for example: 'victory came at a steep cost in lives'.

What is the difference between 'steep cost' and 'high cost'?

'High cost' is neutral and simply means a large monetary amount. 'Steep cost' implies the cost is excessive, surprising, or disproportionate — it carries a sense of 'more than it should be'. You'd use 'steep cost' when you want to stress that the price is shockingly or unreasonably elevated.

What are synonyms for steep cost?

Financial synonyms: high price, exorbitant price, prohibitive cost, hefty price tag, premium. Figurative synonyms: heavy price, great sacrifice, high toll, bitter cost, serious consequence.

Can 'steep cost' be used figuratively?

Yes, frequently. In figurative use, 'steep cost' describes non-monetary sacrifices or negative consequences: 'the steep cost of war', 'success came at a steep cost to his health', 'they achieved it but at a steep cost to their relationships'. The word steep signals that the toll was severe.

Is 'steep cost' formal or informal?

Steep cost is stylistically neutral and works in both casual and formal writing. In very formal or technical writing you might prefer 'prohibitive cost' (financial) or 'significant sacrifice' / 'heavy toll' (figurative), but 'steep cost' itself is not considered informal.

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