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The entire arguement about cost is pretty much moot, if not actually in your favor.
It's somewhat controversial, but it costs just as much, if not more, to apply the death penalty as it does to imprison someone for life.
As the person above me said, capital punishment does nothing for the crime rate, and has in some instances made it worse.
Another very good arguement is to talk about how the execution of legally retarded people is legal in 25 states. It's hard not to feel bad when you hear about one man in texas who couldn't even understand that he was being executed, and saved half of his last meal "for later." This website has some other info on similar cases. http://www.fdp.dk/uk/ment.php