Cost analysis is considered as a valuable tool in monitoring the past decisions and demonstrating the worth of the system. The goal of a mass production programme is to produce the maximum number of quality insects with minimum labour and cost. The maintenance cost of 100 Chrysoperla carnea adults was Rs. 192.38 per month, which included the labour cost of Rs. 152.38 and diet cost of Rs. 40. Approximately 4000 eggs per month were obtained from the C. carnea adult culture and the cost per egg was Rs. 0.04. This study also revealed that the diet consumption of 100 C. carnea larvae was 3.617g of Sitotroga cerealella eggs and 1.793g of Phenacoccus solenopsis crawlers. Adult emergence rate was significantly higher when provided with S. cerealella eggs, which was more economical than that of P. solenopsis crawlers. For efficient and quality production of C. carnea in laboratory using available and inexpensive equipment to produce the healthy surplus of this predator for experiment and small holding field releases, S. cereallela is recommended as more efficient and economic host as compared to P. solenopsis.