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Discover Ludwig"unit cost" is correct and can be used in written English.
It is usually used to refer to the cost of producing a single item or unit of a product or service. For example: "We calculated the unit cost of production for the new product line and it was surprisingly low."
Dictionary
unit costs
noun
Plural of unit cost
Exact(60)
The unit costs £249.
The downside: each unit costs about $800.
Unit costs fall as sales increase.
The unit costs some £380,000 a year to run.
Replacing a punch-card unit costs only about $225.
In general, BPO delivers reductions in unit costs.
In the long run, high unit costs must limit numbers.
A new unit costs $3,299.
One unit costs $99 while three cost $249.
Each unit costs about $280,000, he said.
The color unit costs $449, the monochrome $399.
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CEO of Professional Science Editing for Scientists @ prosciediting.com