Cost of Saving

Worked examples / Buying something

Espresso machine

$600, kept five years, 300 coffees a year, each saving about $3 over a cafe after beans.

Worth it

It costs you $0.33 a use. The other way is $3.00.

Buying costs$500$600 less $100 back
Paying each time$4,5001500 x $3.00
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

Net cost$600 - $100 = $500
Total uses300 x 5 = 1500
Cost per use$500 / 1500 = $0.33
Uses to break even166.67
Paying each time$4,500

Every formula is written out on the formulas page.

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