Ion exchange membranes (IEMs) have been widely employed in various electrochemical processes for water treatment and energy conversion. Their intrinsic properties such as electrical resistance and permselectivity are the key parameters dominating the efficiency of the electrochemical processes. The cost-effectiveness of the IEMs should also be considered for successful commercialization of the electrochemical membrane processes. In this work, we have investigated the optimum design parameters of the cost-effective IEMs for successful application to various electrochemical membrane processes. (This work was supported by the Technology Innovation Program funded by the Korea government (MOTIE) (No. 10047796).).