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"cost efficiency is" is a grammatically correct phrase and can be used in written English.
It is typically used in sentences discussing the effectiveness or profitability of something in regards to its cost. Example: "In order to improve the company's financial performance, we need to focus on cost efficiency. This means finding ways to reduce expenses while maintaining or increasing revenue."
Exact(29)
This type of cost efficiency is something that the PC industry figured out long ago.
High operational cost efficiency is achieved by sharing the same resources among multiple customer organizations.
Cost efficiency is measured as Cost of Goods Sold (COGS) divided by total sales.
Cost efficiency is needed to compare the efficiency of one policy with another one.
They also demonstrated that proposed cost efficiency is a product of a locative and range directional measure efficiencies.
However, the state-of-the-art process and cost efficiency is not yet suited for series production.
Similar(31)
However, ETFs with their liquidity, transparency and cost efficiency are making their way to frontline investors.
In this model, multi-level programming and cost efficiency were used.
However, besides the performance, available resources and cost efficiency are obstacles that could hinder their exploitation.
Standards in energy and cost efficiency are higher the ever especially in the aerospace industry.
A field experiment in South Africa metered taxi industry concluded that cost efficiency are achieved by introducing informal bargain.
More suggestions(15)
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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