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The phrase "lowest computational cost" is correct and usable in written English.
You can use the phrase when referring to the efficiency of a problem-solving process, meaning the least amount of effort or resources needed to complete the process. For example, "We were able to solve the problem with the lowest computational cost."
Exact(3)
For example, when C is the nonnegative orthant, or a box, or a ball, GPMs require the lowest computational cost.
In summary, although the least-squares method has the lowest computational cost in filter implementation, its complexity in filter estimation is much higher than the other two.
This approach, which is the most utilized and has the lowest computational cost, approximates the spatial dependence as an average spatial effect of neighboring areas [ 53].
Similar(57)
Second, it must have low computational cost since we have to reduce computation time to a clinically acceptable level.
The urgent requirement of the sustainable computing determines that many security assurance protocols are designed with low computational cost.
Second, the methods have low computational cost, thus suitable for embedded battery management systems (BMSs) with constrained computing capabilities.
Both operations have low computational cost.
This ensures privacy preservation with low computational cost.
The recommendation function is linear and shows low computational cost.
One of the biggest advantages of OMP is its low computational cost and straightforward implementation.
Their approach is shown to achieve high resolution with the advantage of low computational cost.
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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