Transparent calculations

Methodology

CostsPerDay calculators are deterministic: the same inputs produce the same outputs. All calculations are performed locally in the browser.

Shared conventions

Unless a calculator states otherwise, a year is 365 days, a week is 7 days and annual weekly amounts use 52 weeks. Average monthly values use annual value ÷ 12. These conventions are deliberately simple and may not match every calendar year or billing contract.

Displayed currencies are rounded for readability, normally to two decimal places. Internal calculations use JavaScript numeric precision before display rounding.

Daily expense calculator

Annual expense = entered amount × frequency factor
Daily expense = total annual expenses ÷ 365
Average month = annual expenses ÷ 12

Frequency factors are 365 for daily, 52 for weekly, 12 for monthly and 1 for annual amounts.

Cost per day

Daily cost = total cost ÷ period in calendar days

Months are converted with 365 ÷ 12 average days; years use 365 days.

Cost per use

Net cost = purchase price − resale value
Cost per use = net cost ÷ expected uses

When usage is estimated from a schedule, expected use days = years × 365 × days-used-per-week ÷ 7.

Cost per wear

Net lifetime cost = price + alterations + cleaning + repairs + fees − resale value
Cost per wear = net lifetime cost ÷ expected wears

Cleaning can be entered either as a per-wear variable cost or a total lifetime amount. A target cost per wear is supplied by the user, not by CostsPerDay.

Subscription cost

Annual plan cost = annualized billing + optional start fee + optional cancellation fee
Cost per use = annual plan cost ÷ annual uses

Unused-day cost treats one reported use as one used day, capped at 365 days. That estimate is less informative when multiple uses occur on the same day.

True hourly wage

Ordinary hourly wage = annual pay ÷ annual paid hours
True hourly wage = (annual pay − annual work costs) ÷ (annual paid hours + annual extra work time)

Extra work time includes weekly unpaid overtime and preparation time plus commuting time per workday multiplied by workdays per week. The calculator does not model taxes, benefits or employment law.

Work hours cost

Work hours = purchase price ÷ take-home hourly pay

When monthly pay is supplied, the calculator estimates monthly hours from hours per day × workdays per week × 52 ÷ 12.

Compare cost per use

Ownership cost = price + (annual maintenance × lifespan) − resale value
Cost per use = ownership cost ÷ expected uses

Total-use input overrides the weekly-use estimate when it is above zero.

Residual value and recurring costs

Expected resale or residual value is subtracted where the calculator includes it. Recurring costs are only included where explicitly requested by the calculator and are annualized or extended over the selected lifespan as shown above.

Limitations

Outputs are estimates, not forecasts. Inflation, financing, tax, opportunity cost, changing usage, unexpected repairs and calendar differences can make real-world outcomes differ. The quality of a result therefore depends heavily on the assumptions entered by the user.