How It Works

Step 1: Access the Opportunity Cost Calculator
Open the financial/economics calculator interface.

Step 2: Input Return of Chosen Option and Return of Foregone Option
Enter the profit or return of the action you took and the next best alternative.

Step 3: Click the Calculate Button
Press 'Calculate Cost'.

Step 4: Review the Opportunity Cost
The tool will display the financial benefit you lost by choosing your current option.