Enter the cost and the total number of days into the calculator to determine the cost per day. This calculator can also determine the cost or number of days given the other variables.
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Cost Per Day Formula
The following equation is used to calculate the Cost Per Day.
CPD = C / D
- Where CPD is the cost per day ($)
- C is the total cost ($)
- D is the number of days
To calculate the cost per day, divide the overall cost by the number of days.
What is a Cost Per Day?
Definition:
Cost per day, similar to cost per night, is a term used in the services industry to describe the cost of staying at a location for one night.
This term can also be further applied to more general things, like the cost per day to own a car, etc.
How to Calculate Cost Per Day?
Example Problem:
The following example outlines the steps and information needed to calculate Cost Per Day.
First, determine the overall cost. In this case, the overall cost is determined to be $1750.00.
Next, determine the number of day. For this problem, the number of days is given as 20.
Finally, calculate the cost per day using the formula above;
CPD = C / #Days
CPD = $1750 / 20
CPD = $35.00 /day
