The director, whose most expensive film - next year's Star Trek 2 - cost $185 million (£117.5 million) to make, insisted that it is possible to make a good film without the budget skyrocketing to $250 million or more.
"It is preposterous and embarrassing that movies cost what they do," Abrams told the Los Angeles Times.
"Certainly on Star Trek and the sequel and on Mission: Impossible three and four, we had massive budget issues always," he continued.
"Yet we always get it figured out before production starts and realise that the money you don't get forces you to rethink something and challenges you to figure it out in a new way."
Abrams went on to say that he looks forward to figuring out a way to make films for less money.
"I am as interested in and obsessed with what can be done in the feature world for a price as anyone at any studio," he added.
Star Trek 2 is due to be released on May 17, 2013.