How the cost per use calculator works
Enter what you paid, how often you expect to use the item, and for how long, and the tool divides the cost across every use. Cost per use turns a scary sticker price into a number you can actually judge, and it is one of the best ways to decide whether an expensive but durable purchase is worth it.
Why cost per use beats sticker price
A 120 dollar item used three times a week for two years works out to under 40 cents per use, which may be a bargain, while a 30 dollar item used twice and abandoned costs 15 dollars each time. Looking at cost per use rewards things you will genuinely use often and exposes cheap items that end up expensive per wear.
Factoring in resale value
If you can sell or trade the item later, your true cost is the price minus what you get back. Enter a resale value and the tool uses the net cost for a more honest figure. This matters most for items that hold value well, such as quality tools, certain electronics, and durable gear.
Comparing two options
Run the calculator for each choice and compare the cost per use rather than the price tags. A pricier item that lasts longer and gets used more often often wins. Be honest about how often you will really use something; optimistic usage estimates are the main reason cost per use math goes wrong.
Frequently asked questions
How do I calculate cost per use? Divide the price, minus any resale value, by the total number of times you will use it.
Is a higher price always worse? No, a durable item used often can have a lower cost per use than a cheap one you rarely use.
Should I include resale value? Yes if you plan to sell it; the tool subtracts it to give your net cost.
Related calculators: Break-Even, Price Per Unit, Discount.