Yes, there is no doubt about that. If you choose a university in a city other than London, for example, the University of Exeter, you'll see a big difference in living expenses and the tuition fees that are obviously lower than the universities in the USA. Moreover, if you want to cut your living expenses, you also opt for an online degree program. There are many online portals available like Coursera, EdX, etc.
* This is a comparison between UK and USA, not with your home country.