The film was made using a budget of $15,000 which was basically the cost of the equipment. This didn't include the crew/casts wages and flights or hotel rooms which totalled to just under $500,000. There was a lot of media speculation (mostly online) and disbelief once the film became more popular as hollywood movies which 'MONSTERS' was deemed as on par with, usually cost hundreds of thousands, if not millions of pounds.
Gareth Edwards, the director, mentioned during the production process of the film that having to much time or money to perfect scenes and put every minute detail in place, made films look unrealistic at times and this is something he didn't want to do.
Even with the special effects and CGI, they wanted all of the signs to look as realistic as possible whilst not making the actual monster too weird so that the audience could slightly recognise elements of it and see its resemblance to squid/octopus/crab.
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