This average cost calculator allows you to determine the average price per item based on the total cost of several items or expenses.

## How to Use the Average Cost Calculator

To calculate the average cost:

- Enter the total cost of the items or expenses.
- Input the number of items.

### Average Cost Formula

The formula to calculate average cost is:

**Average Cost = Total Cost / Number of Items**

### Why Calculate Average Costs?

Calculating average costs helps in budgeting and financial analysis, allowing individuals and businesses to understand their spending patterns and make informed decisions about purchases and investments.