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The phrase "cost effective to" is correct and commonly used in written English.
It can be used when discussing something that is financially beneficial, for example: "This new policy is cost effective to both the company and its employees".
Exact(25)
Is it more cost effective to buy a conventional bicycle?
"It's more cost effective to be in Berlin".
It is not cost effective to supply grid electricity to rural populations.
Officials decided it was not cost effective to reopen Millstone 1.
In it, Hamilton said it would not be cost effective to train people months in advance.
Both will be cost effective to grow on premises for actual use in the restaurant.
Similar(31)
The homes are A+ energy-rated and highly cost-effective to run.
Would it be cost-effective to run screening and vaccination programmes in tandem?
Wouldn't it be easier and more cost-effective to improve and expand Medicare to cover everyone?
"It's not cost-effective to try to renovate the existing building," he said.
"It's not exactly cost-effective to move a tree," he said.
More suggestions(4)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com