Non-PRO Spanish to English Other Slang

I am transcribing an interview with a Colombian woman who has just moved to a new barrio. She is describing her current situation and says, "Veni aca igualmente para reducir gastos, el arrendamiento, los servicios porque siempre hemos pagado el arrendamiento y porque es un poquito mas economico aqui. Y la situacion economica siempre ha sido un poquito precosa." What does precosa mean in this context? Thank you.