dearth
Meaning: a lack, scarcity
Usage: An eager reader, she was dismayed by the dearth of classic books at the library.
privation
Meaning: a lack of basic necessities; hardship
Usage: The drought caused severe privation in the remote village.
pittance
Meaning: a very small amount, especially relating to money
Usage: Josh complained that he was paid a pittance for the great amount of work he did at the firm.