Library Savings Calculator
Calculate how much money you save by borrowing books, audiobooks, movies, and magazines from the library instead of buying or renting.
Inputs
Results
Annual Savings
$1,116.00
≈ 9 pairs of sneakers
10-Year Savings
$11,160.00
≈ 7 months of rent
How to Use This Calculator
- Enter the number of Books per Month you read and the Average Book Price you would otherwise pay.
- Enter Audiobooks per Month, Average Audiobook Price, and Movies per Month with rental price.
- Enter the number of Magazine Subscriptions you can replace with library digital access.
- Review Annual Purchase Cost vs Annual Savings to see the full value of your library card.
- Check 10-Year Savings to appreciate how much the free library card compounds over time.
How the result changes with Books per Month
| Books per Month | Annual Savings | 10-Year Savings |
|---|---|---|
| 5 | $1,500.00 | $15,000.00 |
| 18 | $3,996.00 | $39,960.00 |
| 33 | $6,876.00 | $68,760.00 |
| 45 | $9,180.00 | $91,800.00 |
What each input means
- Books per Month
- Number of books you read or would read per month.
- Avg Book Price
- Average retail price of a new book.
- Audiobooks per Month
- Number of audiobooks you listen to per month.
- Avg Audiobook Price
- Average price of an audiobook purchase or credit.
- Movies per Month
- Number of movies you would rent digitally per month.
- Avg Movie Rental Price
- Average cost of a digital movie rental.
- Magazine Subscriptions Replaced
- Number of magazine subscriptions you can replace with library access.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersBooks per Month = 3, Avg Book Price = 16, Audiobooks per Month = 1, Avg Audiobook Price = 25 = 7 input(s) provided
- Calculate Annual SavingsAnnual Savings1116 = $1,116
- Calculate 10-Year Savings10-Year Savings11160 = $11,160
- Calculate Monthly Purchase CostMonthly Purchase Cost93 = $93
- Calculate Annual Purchase CostAnnual Purchase Cost1116 = $1,116
Engine last updated .
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