The invention relates to environment-friendly, low-cost and high-strength artificial stone and a method for preparing the same. The environment-friendly, low-cost and high-strength artificial stone comprises, by weight, 60-80 parts of fritted sand, 10-30 parts of quartz powder, 9-14 parts of terephthalic unsaturated resin, 0.6-1 part of curing agents, 0.8-1 part of coupling agents, 0.5-1 part of color paste and 0.1-1 part of toner. The environment-friendly, low-cost and high-strength artificial stone and the method have the advantages that mine solid waste materials or discarded materials canbe used as production raw materials, blast furnace gas and coke oven gas which are recycled and purified in steel and iron plants and coking coal plants in production procedures can be used as fuel inproduction procedures, accordingly, the production procedures are green and environmentally friendly, and waste can be recycled; the environment-friendly, low-cost and high-strength artificial stoneis high in strength, has natural streaks, is attractive, elegant, green and environmentally friendly and can be accepted by domestic and foreign clients, and accordingly the environment-friendly, low-cost and high-strength artificial stone and the method have broad prospects on domestic and international markets.