Enter the total number of outlets in the home and the cost to determine the cost per outlet.

Cost Per Outlet Formula

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

CO = TC / #O

  • Where CO is the cost per outlet ($/outlet)
  • TC is the total cost of all outlets ($)
  • #O is the number of outlets in a home

To calculate the cost per outlet, divide the total cost to install all outlets by the number of outlets.

What is Cost Per Outlet?

Definition:

A cost per outlet defines the average cost to install one outlet in a new construction or home.

How to Calculate Cost Per Outlet?

Example Problem:

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

First, determine the cost to install all outlets. In this example, the total cost is found to be $425.00.

Next, determine the number of outlets installed. In this new home, there were 20 outlets installed.

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

CO = TC / #O

CO = $425.00 / 20

CO = $21.25 / outlet