The cheapest gift for a sister can be something thoughtful yet budget-friendly, like a handwritten letter expressing your love and appreciation. You could also make a DIY gift, such as a handmade bracelet, a photo collage of your favorite memories, or a personalized playlist of songs that remind you of her. If she enjoys reading, a second-hand book in her favorite genre can be a meaningful and inexpensive option. Even something as simple as cooking her favorite meal or planning a movie night together can be a heartfelt and cost-effective gift that she'll cherish.