I wanted to take today and talk about one of the most important factors to consider when buying an item…
COST PER WEAR
What is Cost Per Wear? (hint: just what it sounds like)
What an item costs each time it is worn.
(Ideally a very different number than the initial price of an item). I’m going to share 3 separate items from my closet purchased during the past 3 years that cost a lot (by my standards) up front, but get a lot of love.
Why is Cost Per Wear important? Because I would rather spend $100 on a pair of jeans and wear them 30 times ($3 cost per wear) then purchase an impulse sweater at Forever 21 for $15 and wear it once ($15 cost per wear). Although the price of the sweater seems less daunting up front, in the long run it isn’t worth it. Besides, it is better for your wallet and the environment to buy something a bit nicer and wear it a ton!
This isn’t necessarily about buying the most expensive or nicest item, but moreso about making sure you’re buying items you truly love and want to continually reuse than something because you have nothing to wear, or you found a great sale at Nordstrom.
Up first: Rebecca Minkoff Sofia Mini Tassel Crossbody (2016)
this little gal was $245 (I know, sorry Mom!) but I had a coupon code so I ended up paying $210. It was one of those “I love this and I bet it will sell out quick” finds so I hopped right on it back in late February. Plus, with the tan leather & multicolored tassels, I was confident it would match with (almost) EVERYTHING.
So far I’ve probably used the bag about 30 separate times, so my Cost Per Wear is about $7 right now. ($210/30 times)
This cute bag isn’t going anywhere anytime soon, so that number will continue to decrease.
As I predicted, this bag sold out rather quickly in the spring, but Rebecca Minkoff brought back a super cute suede version for fall in more muted colors – if you’re interested you can find it below!
A few times I featured it on the blog:
Louise et Cie booties (2015):
I got these last fall and (no joke!) I wore them 1-2 times a week from October 2015 – April 2016. For our calculation let’s say I wore them 55 times (still a pretty conservative estimate) and the retail price was $185.
My Cost Per Wear is about $3.36 ($185/55 times) for only last fall and winter. I plan on living in them again this fall and winter (or whatever those seasons look like in SoCal) so again, that number will continue to decrease.
Love these boots? Here is a similar pair by the same designer!
Here are a few times they made it on the blog:
Last but definitely not least…
Line & Dot Floral Jacket (2014):
Confession – I paid the full price of $180 for this jacket my senior year of college. In my defense, I used part of my tax return, but at that point in my life it was the most I’d ever spent on a clothing item. I told myself I would have to wear it a TON to justify that cost, and years later it is still one of my favorite pieces to mix with black and white stripes. Digging through the archives I realized I haven’t featured it on here in years(!) but I will work on that for the fall 🙂
I would guess that I’ve probably worn this jacket 25 times.
Cost Per Wear = $7.20 ($180/25 times)
I also don’t see this beauty leaving my closet anytime soon!
And a few others:
And here are a few times I featured it on the blog:
There you have it, Cost Per Wear; something you should absolutely consider next time you’re creating a seasonal wishlist or shopping. Tell me, was this post helpful at all? Is this calculation something you already do?
I would love to hear from you.