The best replacement for replacement cost is actual cash value.

The best alternatives to replacement cost are rated as following:
★★★★★  actual cash value
★★★  market value
★★★  acv
★★  reproduction cost
★★  agreed value
★★  cash value
★★  guaranteed replacement cost
★  actual cost
★  appraisal
★  fair market value
★  agreed amount
★  historical cost
★  repair cost
★  functional replacement cost
★  depreciated value
★  replacement cost
  replacement value
  reconstruction cost
  value
  net realizable value
  appraised value
  actual value
  book value
  entry value
  insurable value
  fmv

Your alternative for replacement cost is not listed? Suggest!
Speaking about replacement cost, one probably shouldn't forget about agreed value.

Other search terms related to replacement cost and their ratings are:
★★★★★ agreed value
You have in mind a companion for replacement cost and it is not yet here? Propose!



Google Trends

Scale is based on the average worldwide traffic of replacement cost in all years. Click on graph for more.
replacement cost
actual cash value
market value