Cost of Saving

Worked examples / Saving money

Cook at home, not eat out

One month: $400 of meals out replaced by $180 of groceries and 16 hours in the kitchen.

Worth it, barely

You come out $60 ahead.

You save$400the price difference
It costs you$340extras, time and risk
Put in your own numbers

This is a worked example with illustrative figures, not data about any real person or company. Change any of them in the calculator and the answer changes with them.

How this answer was worked out

You save$400
Extras$180
Your time16 hours x $10.00 = $160
Risk, on average0% x $0 = $0
Total cost$340
Net$400 - $340 = $60
Cost per $1 saved$0.85
Break-even value of an hour$13.75

Every formula is written out on the formulas page.

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