instead of N; in place of N; instead of doing — also, to compensate

今日きょうはお茶ちゃの代かわりに水みずでいいよ。

kyou wa o cha no kawari ni mizu de ii yo.

Water instead of tea is fine today. casual

駅えきから遠とおい代かわりに、家賃やちんが安やすい。

eki kara tooi kawari ni, yachin ga yasui.

It's far from the station, but the rent is cheap to make up for it. neutral

Variants

に代わってnikawatteformal
always follows a NOUN naming the replaced entity (never a clause) — covers both representative substitution (社長しゃちょうに代かわって副社長ふくしゃちょうが挨拶あいさつした "on the president's behalf") and plain entity replacement (石炭せきたんに代わって石油せきゆがエネルギー源げんとなった "oil replaced coal as the energy source"); written/formal register, not used for the compensation sense.

代わりに

かわりにkawari niN3neutral