Enter the total cost and the value of the metric into the calculator to determine the cost per value.

Cost Per Value Formula

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

CPValue = TC / V

  • Where CPValue is the cost per value change ($/value)
  • TC is the total cost ($)
  • V is the change in the value being measured

To calculate the cost per value, divide the cost by the change in the value being measured.

What is a Cost Per Value?

Definition:

Cost per value is a metric that describes the cost to change the value of something by 1 unit. For example, if the value you are looking at is customer satisfaction, the cost per value would be the cost to increase the customer satisfaction by 1 point.

How to Calculate Cost Per Value?

Example Problem:

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

First, determine the total cost. In this example, the total cost is measured to be $750.00.

Next, determine the total change in value. This value in particular changed by 2 points.

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

CPValue = TC / V

CPValue = $750.00/ 2

CPValue = $375/value