In this work, a exergoeconomic analysis of the joint production of electricity, fresh water, cooling and process heat for a simulated concentrated solar power (CSP) based on parabolic trough collector (PTC) with thermal energy storage (TES) and backup energy system (BS), a multi-effect distillation (MED) module, a refrigeration absorption module, and process heat module is carried out. Polygeneration plant is simulated in northern Chile in Crucero with a yearly total DNI of 3,389 kWh/m2/year. The methodology includes designing and modeling a polygeneration plant and applying exergoeconomic evaluations and calculating levelized cost. Solar polygeneration plant is simulated hourly, in a typical meteorological year, for different solar multiple and hour of storage. This study reveals that the total exergy cost rate of products (sum of exergy cost rate of electricity, water, cooling and heat process) is an alternative method to optimize a solar polygeneration plant.