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Privatizing the rail network turned out be a costly mistake … What does the adjective costly mean? Resulting in great expense: Costly refers to something that has a high price or is expensive. Causing problems or the loss of something synonym expensive. Mining can be costly in terms of lives (= too many people can die). How to use costly in a sentence. Involving great expense; Resulting in great detriment: The meaning of costly is commanding a high price especially because of intrinsic worth. Costly means something that requires a lot of money, effort, or resources. It can also refer to something involving great effort, loss or sacrifice, or consuming a lot of time or resources. Costly medical care. Expensive, especially too expensive: High-priced, dear resulting in great expense. If you describe someones action or mistake as costly, you mean that it results in a serious disadvantage for them, for example the loss of a large amount of money or the loss of their … It was a costly mistake because no one ever trusted him again. A costly mistake. There are three meanings listed in oeds entry for the adjective costly. A costly emerald bracelet; Involving a lot of loss or damage: See ‘meaning & use’ for definitions, usage, and quotation evidence. It describes items, actions, or decisions that are expensive or come with a high price, whether financially or … The upkeep of such a large house is costly.