cost of use

USAGE SUMMARY

The phrase "cost of use" is correct and usable in written English.
It can be used when discussing the expenses associated with utilizing a product or service over a period of time. Example: "Before making a decision, we need to analyze the cost of use for this software to ensure it fits our budget."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

A mechanism with low direct cost of use may be preferred to alternatives implementing more efficient allocations.

Journal of Economic Behavior & Organization

Alongside the proposals, Mr Hunt has ordered an audit of the true cost of use of the NHS by foreign nationals.

Independent

The relatively high cost of use may be a drawback, but not for long.

Forbes

Specialty care will likely adopt different forms of value-based payments based on the frequency and cost of use.

Forbes

Email provides many benefits, such as low cost of use, as well as a far reach not limited by time zones.

Forbes

More than the half of his speech was focused on a juxtaposition between speed and cost of use of the Oracle Cloud and the Amazon's products.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

Upon request, US Oncology sends doctors a report highlighting the cost of using different drug cocktails.

Forbes

That is the cost of using these technologies.

The New York Times

The cost of using it is prohibitively high.

The Economist

The cost of using Manchester airport's long-stay car park is £168 for two weeks.

The Guardian - Money

The additional cost of using the technique is about $20 per case.

The New York Times - Health

Expert writing Tips

Best practice

When comparing different options, analyze the "cost of use" over the entire lifecycle, not just the initial purchase price. Consider factors like maintenance, consumables, and energy consumption.

Common error

Avoid using "price" and "cost of use" interchangeably. "Price" refers to the initial purchase cost, while "cost of use" includes all expenses incurred throughout the product's lifespan. Neglecting this distinction can lead to inaccurate budgeting and poor decision-making.

Linguistic Context

The phrase "cost of use" functions as a noun phrase, typically serving as the subject or object of a sentence. It identifies the total expenditure associated with utilizing a product or service. As Ludwig AI points out, this includes not just the initial price but all associated expenses. It is grammatically correct and commonly used.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Science

42%

Formal & Business

25%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "cost of use" refers to the total expenses associated with utilizing a product or service over its lifespan, encompassing initial price, maintenance, and operational costs. As Ludwig AI confirms, the phrase is grammatically correct and commonly used in various contexts, including news, science, and business. While related, it differs from "price" (initial cost) and "total cost of ownership" (broader financial impact). When writing, be sure to analyze the "cost of use" over the entire lifecycle and avoid confusing it with the initial price. Consider alternatives like "usage expenses" or "operational cost" for nuanced expression.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

usage expenses

Focuses on the expenses incurred during the process of using something.

price of utilization

A more formal way to express the cost of using something.

operational cost

Emphasizes the cost associated with the operation or running of something.

running cost

Highlights the ongoing costs of maintaining and using something.

consumption cost

Emphasizes the cost based on the amount consumed or used.

service charges

Refers to the fees specifically for a service provided.

expenditure on usage

Focuses on the spending related to utilizing a product or service.

cost to operate

Highlights the costs related to running or operating a system or device.

access fee

Implies a charge for gaining access or the right to use something.

application fee

Specifically related to applying or using a service or product.

FAQs

How do I calculate the "cost of use" for a product?

To calculate the "cost of use", consider not only the initial price but also ongoing expenses such as maintenance, repairs, energy consumption, and consumables over the product's lifespan. Summing these costs will provide a more accurate picture of the total expense.

What's the difference between "cost of use" and "total cost of ownership"?

While similar, "cost of use" typically focuses on the expenses directly related to operating a product or service. "Total cost of ownership" includes additional factors like depreciation, insurance, and disposal costs, offering a broader perspective on the overall financial impact.

What are some alternatives to saying "cost of use"?

You can use alternatives like "usage expenses", "operational cost", or "running cost" depending on the specific context.

Why is it important to consider the "cost of use" when making purchasing decisions?

Considering the "cost of use" allows for a more informed and financially sound decision. A product with a lower initial price may have a higher "cost of use" due to maintenance or energy consumption, making a more expensive product with lower operating costs the better long-term investment.