Shape of Water also used a setting that allowed for cheap set pieces and costumes.
Crimson Peak was $55 million with Universal telling Del Toro to cut the budget and Madness of Mountain or something like that which didn't happen was going to cost 122 million and got cancelled after Del Toro insisted it remain R rated.
Also the only film Fox Searchlight gave above 30 Million to produce to Wes Anderson was Fantastic Mr Fox. The rest of his films were 25 million and less. The one film where he broke $50 million dollar budget (The Life Aquatic) was released by Disney.