Crossword Genius

What it cost to write to New York? (5)

Ross

I believe the answer is:

penny

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'what it cost' is the definition.
I can't judge whether this defines the answer.

'write to new york?' is the wordplay.
'write' becomes 'pen' (synonyms).
'to new york?' becomes 'ny'.
'pen'+'ny'='PENNY'

'to' acts as a link.

Can you help me to learn more?

(Other definitions for penny that I've seen before include "1p" , "coin, decimal with 1a [NEW]" , "Coin spent by the desperate?" , "one might drop" , "One hundredth of a pound" .)

I've seen this clue in the Evening Standard.
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