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Discover Ludwig"cost well over" is a valid phrase that is used in spoken and written English.
You can use it when referring to something that is expensive or costly. For example, "This car cost well over $25,000."
Exact(58)
"Why should an average one-bedroom with nothing special to offer cost well over a million?
I'm getting estimates that conservation could cost well over $400,000 for some of these pieces".
A box of 20 cards and envelopes — not monogrammed or personalized — could cost well over $100.
"A comparable property in Cabo," he said, "would cost well over $2.5 million".
It cost well over £2bn and was supposed to serve for 25 years.
Projected to cost well over $1 billion, it works and must be completed.
The bill is expected to cost well over five hundred billion dollars.
It was practically the sky, but my ticket had cost well over a hundred dollars.
Ethiopia's various emergency programmes will probably cost well over 1% of national income this year.
Similar(2)
"The renovations could cost well over $100,000 per store," said Mitchell Speiser, senior analyst at Lehman Brothers.
The second test is usually given in an expensive private session — some cost well over $1,000.
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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