The present study investigates three different types of mooring systems in order to establish potential cost reductions and applicability to wave energy converters (WECs). Proposed mooring systems for three existing WECs create the basis for this study, and the study highlights areas of interest using a preliminary cost estimation and discussion of buildability issues. Using synthetic rope and variations in the mooring configuration has the potential of influencing the cost significantly. In order to quantify this potential, a simple quasi-static analysis is performed, which shows that a SALM type system can provide a paramount cost reduction compared to a traditional CALM type system with chain lines. Similarly, use of nylon ropes similarly appears to provide low cost.