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The Unit Price (or unit cost) tells us the cost per liter, per kilogram, per pound, etc, of what we want to buy. Just divide the cost by the quantity: Example: 2 liters for $3.80 is $3.802 liters = $1.90 per liter Comparing Comparing Unit Prices can be a good way of finding which is the best buy. Example: What is best 2 liters of Milk at $3.80, or 1.5 liters of Milk at $2.70 ? In this case the Unit is 1 liter, and the Unit Prices are: $3.80 2 liters = $1.90 per liter $2.70 1.5 liters = $1.80 per liter So the lowest Unit Price (and the best bargain) is 1.5 liters at $2.70. But it does not tell us the quality of what we are buying, but it can help us make a decision.Per Item If something is sold in number of items (for example 10 pencils) then the same method can be used: 10 pencils for $4.00, or 6 pencils for $2.70 ? Here is the Unit Cost: $4.00 10 = $0.40 per pencil $2.70 6 = $0.45 per pencil So the lowest Unit Price (and the best bargain) is 10 pencils for $4.00 1049, 1050, 1937, 1938, 2210, 2211, 3745, 3746, 3747, 3748 Copyright © 2022 Rod Pierce1Check the items total price. The unit price is typically a fraction of the total cost of the product. Look at the price tag or use a price scanning tool to find the total price of the product.1If you have a coupon, subtract the coupon value from the total price before you calculate the unit price. 2Find the quantity of the item that the package contains. Look on the label to check the amount of product in the container. The quantity is normally listed on the bottom right corner of the package.2Some products will be sold by item, such as toilet paper, paper towels, or pencils. However, most items will have a unit of measurement, like ounces, cups, quarts, gallons, milliliters, liters, etc.Tip: If the product is priced by item or unit, then the unit price will be the cost of the item. For instance, if youre looking at watermelons that are $3.98 per melon, then the unit price is $3.98. Similarly, if you were purchasing a single roll of paper towels for $1.50, thats the unit price. Advertisement 3Make sure both products have the same unit of measurement. Sometimes the products youre comparing measure their quantity using different units, such as quarts versus gallons or ounces versus grams. If this is the case, change the unit of measurement for one of the products to match the other before you calculate the unit rate.3For example, lets say youre looking at a quart of milk for $1.25 and a gallon of milk for $4.29. There are 4 quarts in a gallon, so you could adjust the price for the quart of milk by multiplying it by 4. To purchase a gallon of milk in individual quart-size bottles, youd pay $1.25 x 4, which is $5.00.Similarly, lets say youre looking at a liter of vegetable oil for $9.79 and a 12 oz bottle for $4.99. One liter contains 33.8 ounces, so you can use that number as your quantity.4Divide the total price by the quantity to get the unit price. Use your calculator or phone to find the unit price. If youre doing the math by hand, use long division to divide the total price by the quantity. Here are some examples:4Lets say the product is a 6-roll pack of toilet paper for $4.59. To get the unit price, youd divide $4.59 by 6 to get $0.77. The unit price is $0.77.Similarly, you might be considering a 24 oz bottle of shampoo for $13.79. Divide $13.79 by 24, which is $0.57.5Look for the unit cost on the product label for an easier option. Most stores include the products unit price on the shelf label for that product. Typically, the unit price is printed in small type in the top or lower left corner and may have a box around it. Check the shelf label to see if the unit price is there.5As an example, when youre looking at an 8 oz bottle of olive oil that costs $5.79, you might see a unit price of $0.72 printed in small type in the corner of the label. Advertisement 1Calculate the unit price of the items youre planning to buy. Divide the total cost of each product by the quantity in the package. Get the unit price for each item.6For instance, lets say youre trying to choose between a 6-roll pack of toilet paper for $4.59 and a 9-roll pack of toilet paper for $7.29. To get the unit prices, calculate $4.596 = $0.77 and $7.299 = $0.81.Alternatively, you might be trying to choose between a 32-oz family-sized box of cereal for $4.89 and a 12-oz regular-sized box of cereal for $2.29. Youd calculate $4.8932 = $0.15 and $2.2912 = $0.19.2Choose the item with the lowest unit price. Generally, the product with the lowest unit cost is the best value. Compare the unit prices that you calculated to see which one is lower. Then, purchase that product.7As an example, if a 6-roll pack of toilet paper has a unit price of $0.77 and the 9-roll pack has a unit price of $0.81, the 6-roll pack is the best choice.Alternatively, a family-sized box of cereal is a better deal at a unit price of $0.15 versus a smaller box at a unit price of $0.19.3Make sure that the quality of the items is similar, if that matters to you. Typically, items that are of lesser quality will have a lower unit cost. You might still choose to purchase the less expensive item. However, consider the quality of the items when making a final purchasing decision.8For example, a toilet paper that has a thicker ply or more sheets may have a higher unit cost than single-ply toilet paper with a low sheet count. In this case, you might decide that the higher-quality toilet paper is a better value for you. Advertisement Add New Question Question How do you find the total cost for one item from its unit cost? The unit cost x quantity = total cost. For example: 24 oz soup at $0.10 ounce is 24 x $0.10 = $2.40. Question How do I find the unit price of biscuits? Look at the packaging and find how many biscuits there are per package. Then, divide the cost over the quantity. For example, 24 biscuits at $2.40 would be $0.10 per biscuit. Question When two people are participating in a buy one get one of equal or lesser value free promotion, which cost is split, the higher priced item or the lower priced item? The higher priced item is always the one that you pay for - the lower priced item is the one that you get for free. So Id say you split the cost of the higher priced item. See more answers Ask a Question Advertisement <b>Thanks! Were glad this was helpful.<b><br >Looking for more fun ways to learn on wikiHow?<br >Learn about yourself with <a href=Quizzes><b>Quizzes<b><a> or try our brand new <a href=GamesTrain-Your-Brain><b>Train Your Brain<b><a> word game. Advertisement This article was co-authored by wikiHow staff writer, Danielle Blinka, MA, MPA. Danielle Blinka is a Writer, Editor, Podcaster, Improv Performer, and Artist currently living in Houston, TX. She also has experience teaching English and writing to others. Danielle holds a Bachelor of Arts in English, Bachelor of Arts in Political Science, Master of Arts in English with a concentration in writing, and Master of Public Administration from Lamar University. This article has been viewed 386,897 times. Co-authors: 26 Updated: April 3, 2020 Views: 386,897 Categories: Featured Articles | Shopping PrintSend fan mail to authors Thanks to all authors for creating a page that has been read 386,897 times.

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