Select cost per item, total cost, or number of items, then enter the two displayed required values in USD and items.

USD throughout. Compare the same item and quality. Fractional item quantities are allowed; no whole-item rounding is applied.

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Leave both second-pack fields blank to omit comparison.

Related Calculators

Cost Per Item Formula

The following equation is used to calculate the Cost Per Item.

CPI = TC / N
  • Where CPI is the cost per item ($/item)
  • TC is the total cost of all items ($)
  • N is the number of items

To calculate the cost per item, simply divide the total cost of all items by the number of items.

What is Cost Per Item?

Definition:

Cost per item is the total cost divided by a positive item quantity, including a single item.

How to Calculate Cost Per Item?

Example Problem:

The following example outlines the steps and information needed to calculate the Cost Per Item.

First, determine the total number of items purchased. In this case, we are looking at 10 different pieces of clothing.

Next, determine the total cost of all of the items. In this case, all the items come out to $320.00.

Finally, calculate the cost per item using the formula above:

CPI = TC / #I

CPI = $320.00 / 10

CPI = $32.00/item