Work out item cost per use instantly with clear inputs, formula shown and shareable results.
Total uses are the monthly rate times the lifespan in months, and total cost adds the purchase price to running costs across all those uses. A high price spread over thousands of uses can be cheaper per use than a bargain that gets used twice, which is why frequency drives the decision.
Cost per use
cost per use = (price + running cost x total uses) / total uses
cost per use = (price + running cost x total uses) / total uses. Total uses are the monthly rate times the lifespan in months, and total cost adds the purchase price to running costs across all those uses.
A high price spread over thousands of uses can be cheaper per use than a bargain that gets used twice, which is why frequency drives the decision.
Enter purchase price, uses per month, expected lifespan, running cost per use. The defaults shown are a realistic worked example — swap in your own figures to get a result you can use.