Methods and systems for adaptive streaming cost management are described. A processing device can receive a request over a network from a media player executing on a client device to adaptively stream media content. The media content can include a plurality of media slices. The processing device can identify a geographical location of the client device from the request. The processing device can generate a media manifest file based on the geographical location of the client device. The media manifest file can indicate one or more media sources at which a copy of the plurality of media slices is geographically located and a cost associated with delivery of the plurality of media slices from the respective one of the one or more media sources. The processing device can transmit the media manifest file to the client device over the network.