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The phrase "a cheaper option" is correct and usable in written English.
It can be used when discussing alternatives that are less expensive than others in a given context.
Example: "When planning the event, we decided to go with a cheaper option to stay within our budget."
Alternatives: "a more affordable choice" or "a less expensive alternative".
Exact(59)
A cheaper option is to stink them into submission.
Might there be a cheaper option out there?
A cheaper option is to purchase a multiport switch box.
The local fish are no longer a cheaper option.
A cheaper option is the Guardian's site (guardianhomeexchange.co.uk).co.uk
We probably all have something we refuse to substitute for a cheaper option.
A cheaper option is Hôtel Mas Bellevue (+4 9497 0721, masbellevue.com), rooms from €150.
Cremation, not a tradition among blacks, is also a cheaper option.
That's still a cheaper option, using devices such as the Boxee Box.
A cheaper option, for spring, are these black chinos (also available in khaki) from New Look.
"Unless a manufacturer from the developing world challenges the status quo," he argues, "there will not be a cheaper option".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com