How to Calculate Your Printer’s Cost per Page

If use your printer frequently and want to avoid being shocked by the amount you spend on buying replacement ink or toner cartridges. Then it is imperative you must understand the concept of cost per page for a printer.  Most of us are oblivious to the fact that we can estimate (with a relative degree of certainty) how much we will spend on buying replacement ink cartridges once we have a good understanding of cost per page. 

A printer’s cost per page is the metric that calculates how expensive (or cheap) to print one page from your printer using the specified printer cartridge.  Simply put, it tells you the cost of the ink to print out a single page. 

The calculation for cost per page is straightforward.  You need to know the cost of the printer cartridge, which you can get easily from the manufacturer or retailers website.  And you need to know the page yield of the cartridge. Then divide the cost of the printer cartridge by the page yield to get cost per page (CPP).  CPP = printer cartridge cost/page yield

Page yield is also obtained from the manufacturer specifications sheet.  But there is a need to be aware that most OEMs use 5% page coverage to calculate the page yield.  This means they assume the ink will only cover 5% of the printed sheet.  If you print a lot of picture images that use up a lot of ink, your page yield will be significantly lower. 

We can use the HP 934XL C2P23AN Original Black Ink High Yield Cartridge as an example. It is sold on 123ink.ca for the price of $39.99.  And has a page yield of 1000 pages. To get the CPP, we divide 39.99/1000, which gives $0.039 or approximately 4 cents.   

For situations where there are color cartridges and black cartridges, the overall CPP is obtained by getting the cost per page for the black cartridges and adding it to the cost per page for the color cartridges multiplied by 3. 

Knowing the cost per page gives you critical information to plan the budget for cartridges supplies for your printer.  The lower the CPP, the lower the amount expended in buying replacement ink cartridges.  A user buying a printer that has a cartridge with CPP of 4 cents would have spent $400 on cartridges after printing 10,000 pages compared to another user whose cartridges has CPP of 7 cents, who spends $700 after 10,000 pages. The savings with the 4 cents CPP are very obvious. 

When hunting for a new printer, ensure that the price of the printer is not the only cost consideration being factored. You also need to factor the CPP of the cartridges.  If the OEM Original cartridges have a high CPP, you can explore the options of compatible or remanufactured cartridges that have lower CPP. Check this link for more information on calculating CPP.  

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