Definition of "low-cost"

low-cost

adjective
comparative lower-cost or more low-cost, superlative lowest-cost or most low-cost
1. Low in price; cheap, inexpensive.
  Quotations
  For passengers, the decline in numbers using the short sea route (to 1.8 million in 2017) reflects the emergence of low-cost airlines and the expansion of flights serving Ireland from many regional airports in Britain.
  2020 November 18, Industry Insider, “Improving rail connectivity”, in Rail, page 68
  Lower-cost B.B.L.s have created a market for similarly priced postoperative care. These are not the relaxing, spalike havens like the ones that serve wealthier clientele.
  2022 May 11, Sandra E. Garcia, “Butt Lifts Are Booming. Healing Is No Joke.”, in The New York Times Magazine‎