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I am finding the right word for a commodity that got potentiality, good functionality/technicality and also is in affordable price in relation to other similar product.

3 Answers 3

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You can just use "affordable"

This stove is an affordable alternative to the fancy high end competitors on the market.

The fact that it is good enough functionally is implicit in the way the comparison is framed with the word "alternative".

Just

This is an affordable stove.

also implies that it's functional, but does not stress that fact.

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  • Affordable generally implies that something is functional, dependable and reasonably priced. Cheap, on the other hand, implies that the object is flimsy, probably lacks durability, and the price reflects the lower quality.
    – EllieK
    Sep 27, 2022 at 13:17
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Sensible (of an object) practical and functional rather than decorative. "Mom always made me have sensible shoes"

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  • "Sensible shoes" doesn't sound like a common idiom. You can buy shoes sensibly, but that won't make the shoes sensible.
    – Joachim
    Feb 13, 2023 at 11:57
  • @Joachim: Sensible shoes is a very common idiom. It is used all the time and has been for decadez.
    – Chenmunka
    Feb 13, 2023 at 16:28
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There is no special word to express this. To emphasize functionality, you can say it works:

I like this one. It works and it's affordable.

To emphasize that it has required features, you can say:

This model has all the functionality I need, and it's affordable.

Or, more informally:

This model has all the bells and whistles I need, and it's affordable.

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