Web Reference: Nov 16, 2020 ยท Neither is grammatical. A "cost" or "price" is uncountable, so the only acceptable form is How much does it cost? You could say "How many dollars/pounds/euros does it cost?" because those are countable quantities. But those are not usual unless there is some particular context, eg discussing different currencies. Mar 19, 2020 ยท You can say "How much is it?" about something that has already been mentioned, example: I like that hat. How much is it?. You can say "How much is that?" or "How much does that item cost?" about something that you indicate (possibly by pointing at it). "How much is it/that?" and "How much does it/that cost?" are ways of saying the same thing. Feb 17, 2019 ยท "How much does it cost?" is the correct one. "How much it cost?" is understandable, but incorrect - a (very) beginner would be expected to use this.
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