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Discover LudwigIt is correct and usable in written English, and it is used to indicate the approximate cost of something.
Example: The new phone is costing about $500, but it's worth the price for all its features.
Exact(60)
The series, produced by Warner Brothers, is expensive, costing about $6.5 million an episode.
That leak, Mr. Kornfeld said, end up costing about $150,000 to clean up.
As a result, it ends up costing about twice as much as ordinary water.
It was costing about $42 million simply to print the magazine.
Student enrollment is 383, with the tuition costing about $4500.
Seventy-five missiles, costing about a million dollars each.
Beers are lager style with local brews costing about £1.
It is another modest movie, costing about $5 million.
Then there's homeland security, costing about $37 billion a year.
The small executives are running boats costing about $5000.
— are among its biggest annual expenses, costing about $28 million.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com