Cost of Saving

Worked examples / Work

Is this job worth it?

A job that takes home $800 a week for 40 hours. It costs $150 a week in fuel, childcare and lunches, plus 8 unpaid hours of commuting. The next best option would clear $12 an hour.

Worth it

On paper it pays $20.00 an hour. Really it pays $13.54.

This job$650a week, after what it costs you
Your other option$57648 hours x $12.00
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

Kept each week$800 - $150 = $650
Hours given40 + 8 = 48
Stated hourly rate$800 / 40 = $20.00
Real hourly rate$650 / 48 = $13.54
Other option, same hours48 x $12.00 = $576
Ahead each week$74
Break-even job costs$224

Every formula is written out on the formulas page.

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