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it cost vs it costs

Either "it cost" or "it costs" could be correct depending on what tense you are using. "It cost" refers to the past, while "it costs" refers to the present or future.
Camille profile picture

Explained by Camille
Editor at TextRanch

Last updated: July 30, 2024

it cost

This phrase is correct when referring to the past.

Use "it cost" when talking about the price of something in the past. For example, "Yesterday, it cost $10."

Examples:

  • Last week, it cost me a lot of money.
  • In the 1990s, it cost much less to travel.
  • When I bought it, it cost $50.
  • Back then, it cost a fortune to make a phone call.
  • During the sale, it cost half the usual price.

Alternatives:

  • it used to cost
  • it was costing

it costs

This phrase is correct when referring to the present or future.

Use "it costs" when talking about the price of something in the present or future. For example, "It costs $20 to park here."

Examples:

  • How much does it cost to repair?
  • It costs a lot to maintain a luxury car.
  • Next year, it costs will increase.
  • It costs more to buy organic produce.
  • It costs less to fly during off-peak times.

Alternatives:

  • it will cost
  • it is costing

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