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Discover LudwigThe phrase 'it is costing' is correct and usable in written English.
You can use the phrase when you want to describe something that involves expenses – for example: "It is costing me a lot of time and money to fix my car."
Exact(60)
It is costing him £14m.
It is costing them dear in lost revenue and income".
It is costing the Danish government about AU$100,000.
It is costing £360m to roll out everywhere.
Now that they are elevated, it is costing him, and the Yankees.
Louisville's defense has been slow to set up, and it is costing the Cardinals.
Burning fuel costs money, and it is costing more as oil prices spiral.
You can see how much it is costing you at mygovcost.org.org
Over all, it is costing 7 to 10percentt more to "go green," Ms. Shluger said.
And it is costing many more billions in subsidies than initially thought".
Meanwhile, it is costing all the shareholders extra money for electricity, water, sewage and garbage collection.
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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