Assess the real worth of any product or service before you buy. Our Value for Money Calculator helps you make smarter spending decisions by quantifying the balance between price, quality, features, and durability.
Your Value Score is:
This calculator determines "value for money" by comparing the benefits you receive (quality, features, durability) against the cost. A higher score means you get more "bang for your buck."
Formula: Value Score = (Average Rating / Price) × 100
Scenario 1: Expensive but High Quality
Price: $500, Avg. Rating: 9/10 → High Value Score
Scenario 2: Cheap but Poor Quality
Price: $50, Avg. Rating: 2/10 → Low Value Score
The Value Score is calculated by first averaging your ratings for Quality, Features, and Durability. This average rating is then divided by the price of the item. This gives a 'value per dollar' metric, which we multiply by a constant to create an easy-to-understand score. A higher score means you are getting more quality and features for the price you pay.
While brand reputation isn't a direct input, you can factor it into your ratings. For example, a trusted brand might receive a higher 'Quality' or 'Durability' rating from you because you have more confidence in its performance and longevity. The ratings are subjective, allowing you to include intangible factors like brand trust.
Yes, but with caution. This tool provides a simplified framework for thinking about value. For major purchases, you should also consider other factors like running costs, resale value, and emotional satisfaction, which are not captured in this basic model.