low-cost
adjective /ˌləʊ ˈkɒst/
/ˌləʊ ˈkɔːst/
[usually before noun]- below the usual cost; cheap
- low-cost housing/transport/food
- producing or supplying something that is cheap or costs less than usual to buy
- a low-cost airline
- They can now successfully compete against low-cost foreign producers.