The holes in those jeans make me really happy.
Those jeans were worn from the age of 10 months to almost two and a half.
Those jeans were worn two to three times a week for 19 months.
Those jeans were on him as he learned to walk, learned to run and learned to climb stairs.
That’s around 190 wears for this one clothing item.
The jeans were about $20 CDN if I remember correctly.
So that’s about 10 cents a wear.
Even better, I am now stashing those jeans away for our next child. There’s still some life in those jeans. I’ll wait and get the knees patched up and another toddler will learn to walk, run and climb stairs in them.
Last week when I wrote about my splurge boots there were some good comments on calculating the price of something based on use. Sarah went so far as to suggest I could calculate the cost per mile for those boots. And KT chimed in with a reminder that her expensive jeans are not so expensive because she wears them all the time.
Frye Boots with tax, shipping and 25% discount: $252.26 CDN.
Wearing them for: 14 months.
Average kilometeres per month: I don’t wear these as much in the summer. It doesn’t get that warm here so boots are still useful in an Isle of Man summer but I wear a pair of sandals more. I’m going to guess that I average 4 kilometres a day over a year. That would 1680 kilometres so far on those boots.
Cost per use for expensive designer Frye boots: 15¢/km
If I get five years of use out of these boots I could end up at pennies a kilometre for wear.
Again, not bad.
Doing these kind of calculations has made me more determined to invest in things we will use a lot. It’s not only about buying quality, or paying more, but taking some time to think about how much you will use the item.
Will it work for 95% of your life or 5%?
Would it be a smarter to rent the item when you need it? This goes for everything from ski equipment to hand bags.
Of course, not everything that I own has had as good a run as these little jeans.
There are still sweaters I bought that are bit too short and that soft sided picnic cooler from last summer that we only used once (no freezer = no cooling method!). But I’m learning.
Does anyone else calculate cost per use or amortize purchase price over years of use? I held out for many years on buying a Mac laptop. My PC laptops kept blowing up after 2-3 years of use (always right after the extended warranty expired). I got the second hand Mac that I use now almost four years ago and it’s still going strong. Well worth the investment.