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"the cost will be" is a correct and usable phrase in written English.
It is typically used to discuss the future cost of something. Here is an example: "The cost will be determined by the size and complexity of the project."
Exact(59)
The cost will be €41m.
The cost will be enormous.
The cost will be enormous," said Neira.
The cost will be substantially greater".
"The cost will be great, but the cost will be even greater from not doing it.
"The cost will be in the couple of millions.
With federal subsidies, the cost will be even lower.
If China's medical reforms fail, the cost will be high.
The cost will be absorbed by the Town of Southampton.
"The cost will be borne by the banks".
And the cost will be high when you have misjudged.
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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