How can I optimize costs associated with publishing Lambda custom metrics to CloudWatch?

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I'm concerned about the costs associated with publishing custom metrics to Amazon CloudWatch. I want to create a report out of these metrics. Is there an alternative option that I can explore? I suppose there is an option to send AWS Lambda logs to CloudWatch and use the Lambda Insights, or create a report from the Amazon S3 bucket. I'm not sure if it's a best practice.

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You can use the [CloudWatch embedded metric format][1]. The embedded metric format sends the metrics to CloudWatch Logs through log messages. These messages are automatically pushed to CloudWatch metrics.

[1]: (https://docs.aws.amazon.com/AmazonCloudWatch/latest/monitoring/CloudWatch_Embedded_Metric_Format_Specification.html

You can also consider using the AWS Lambda Power Tools for Python or Java.

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