Cost Per Bit Calculator

Calculate Cost Per Bit



Formula

The formula to calculate the cost per bit is:

\[ \text{CPB} = \frac{C}{B} \]

Where:

What is Cost Per Bit?

Cost per bit is a measure used to determine the cost associated with each bit of data. It is calculated by dividing the total cost by the total number of bits. This metric is useful in fields such as telecommunications and data storage to evaluate the efficiency and cost-effectiveness of data transmission and storage solutions.

Example Calculation

Let's consider an example:

Using the formula to calculate the cost per bit:

\[ \text{CPB} = \frac{500}{1,000,000} = 0.0005 \text{ dollars per bit} \]

This means that the cost per bit for this scenario is $0.0005 per bit.