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"split the costs" is a correct and usable phrase in written English.
You can use it to describe a situation where two or more people are sharing the cost of something. For example, "We decided to split the costs of the restaurant bill at the end of the night."
Exact(60)
How should we split the costs?
Many split the costs for the hotel and the travel.
Carpooling has long been a way for commuters to split the costs of driving.
My girlfriend and I agreed to split the costs of couples therapy.
And the companies would split the costs of the combined operation.
Gold Circle Films, a movie production and financing company, split the costs with HBO.
In Maryland, the Legislature passed a bill requiring the state and counties to split the costs of a new system.
Australia, which is leading the search effort, hopes to split the costs with Malaysia "and potentially others".
Maryland, too, has passed a bill requiring the state and counties to split the costs of a new system.
When I finished, she said that we could split the costs; she paid me one-third of what I paid.
The chairmen have been good enough to stump up and split the costs to make sure we get them back for this weekend.
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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