cheap

cheap and cheerful simple and inexpensive. British

cheap and nasty of low cost and bad quality. British

cheap as chips extremely inexpensive. British informal

2003Croydon Guardian Sutton Arena is 'cheap as chips', with athletics sessions costing as little as 80p, according to the borough's leisure boss.

cheap at the price well worth having, regardless of the cost.

☞ A frequently heard variant of this expression, cheap at half the price, while used to mean exactly the same, is, logically speaking, nonsense, since cheap at twice the price is the actual meaning intended.