This valuable price per unit calculator helps make informed purchasing decisions by determining the actual cost of items on a standardized basis.
When shopping for laundry detergent, you might encounter:
- Brand A: $18.99 for 100 fluid ounces
- Brand B: $12.99 for 64 fluid ounces
Without a price per unit calculation, it's challenging to determine which option provides better value. The calculator breaks down these prices into a standard unit (like price per fluid ounce), making comparisons straightforward and objective.Price Per Unit Calculator
| Product | Package Price | Package Size | Unit Measurement | Price Per Unit |
|---|---|---|---|---|
| Rice | $12.99 | 5 pounds | Per pound | $2.60/lb |
| Milk | $3.99 | 64 fl oz | Per fl oz | $0.062/fl oz |
| Toilet Paper | $24.99 | 30 rolls | Per roll | $0.83/roll |
| Hand Soap | $8.99 | 32 fl oz | Per fl oz | $0.28/fl oz |
| Coffee Beans | $15.99 | 12 oz | Per oz | $1.33/oz |
| Dish Soap | $4.99 | 24 fl oz | Per fl oz | $0.21/fl oz |
| Pasta | $2.49 | 16 oz | Per oz | $0.16/oz |
| Cereal | $3.99 | 18 oz | Per oz | $0.22/oz |
| Peanut Butter | $5.49 | 28 oz | Per oz | $0.20/oz |
| Olive Oil | $8.99 | 17 fl oz | Per fl oz | $0.53/fl oz |
| Frozen Vegetables | $2.99 | 16 oz | Per oz | $0.19/oz |
| Granola Bars | $4.49 | 10 bars | Per bar | $0.45/bar |
| Chicken Breasts | $9.99 | 2 pounds | Per pound | $4.99/lb |
| Yogurt Cups | 3 for $3.00 | 6 oz each | Per cup (6 oz) | $1.00/cup |
Price Per Unit Calculation Formula
The formula for calculating cost per unit is:
Price Per Unit = Total Price ÷ Number of UnitsConsider purchasing paper towels:
- Package Price: $15.99
- Contains: 12 rolls
- Calculation: $15.99 ÷ 12 = $1.33 per roll
The formula can be adapted for different unit measurements:
- Weight-based calculation: Price per ounce = Total Price ÷ Total Ounces
- Volume-based calculation: Price per fluid ounce = Total Price ÷ Total Fluid Ounces
- Area-based calculation: Price per square foot = Total Price ÷ Total Square Feet
How to Calculate Price per Unit?
The process of calculating price per unit is:
- Identify the total price of the product package
- Determine the total units (weight, volume, count, etc.)
- Divide the total price by the number of units
Suppose you’re comparing three cereal options:
- Brand X: $4.99 for 18 ounces
- Brand Y: $5.99 for 24 ounces
- Brand Z: $3.99 for 14 ounces
To calculate the price per ounce:
Brand X:
$4.99 ÷ 18 = $0.277 per ounceBrand Y:
$5.99 ÷ 24 = $0.250 per ounceBrand Z:
$3.99 ÷ 14 = $0.285 per ounceSources & References
U.S. Department of Agriculture – Economic Research Service https://www.ers.usda.gov/data-products/price-spreads-from-farm-to-consumer/
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