CPW: The True Cost of Clothes

July 24, 2023, 4:56 pm by MSP

 

CPW: The True Cost of Clothes

The Cost Per Wear (CPW) is a powerful concept that lets you understand the real price of your clothes. It can also help you compare two potential purchases to decide which is more cost-effective.

Because a lower price doesn’t always mean you actually spend less. And vice versa, a higher price doesn’t mean you spend more overall. That’s where the Cost Per Wear comes in place.

In order to get the most out of your wardrobe and your clothing budget, you must understand about Cost Per Wear!

Cost Per Wear (CPW) is a simple idea: the value of an item is directly related to how much you use it.

Think of everything you own less as static objects. Instead, think of them as things you can get use out of. For example, if you buy a shirt for $100 and wear it once, that one wear cost you $100; if you wear it again, each wear now cost $50; a hundred times and each wear is $1, and so on.

You can calculate CPW on any item by taking the its price plus the cost of maintenance and dividing that by the total number of times it was used.

Below is a visual example of how the denims (on the left) are a better buy because of CPW. However, that does not mean you don't need a few dresses in your wardrobe-just realize you don't need too many!