Home & Living
Appliance Cost Calculator
Estimate total ownership cost from purchase price, electricity cost, and years of use.
Interactive tool
Appliance Cost Calculator
Total ownership cost
₹99,000
Running cost
₹54,000
Monthly average
₹1,650
ChoiceIQ readout
Running cost exceeds the purchase price. Energy efficiency should be a major buying factor.
- + Compare star ratings.
- + Estimate usage in peak season.
- + Check warranty and service costs.
Tool guide
How to use this appliance cost calculator
This calculator helps compare appliances by total ownership cost, not just the sticker price.
Formula
Total ownership cost = purchase price + monthly electricity cost x 12 x years owned.
How it works
This calculator helps compare appliances by total ownership cost, not just the sticker price.
Examples
- + AC cost comparison
- + Refrigerator ownership cost
- + Washer running cost
FAQ
How does the appliance cost calculator work?
It uses the inputs you provide and applies a simple transparent formula: Total ownership cost = purchase price + monthly electricity cost x 12 x years owned.
Is the appliance cost calculator free?
Yes. ChoiceIQ tools are free to use during this MVP phase.
Can I use this result as a final decision?
Use it as a decision support estimate. For financial, legal, tax, or high-cost purchases, confirm the final numbers with the provider or a qualified expert.
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