Use your own expenses to estimate the value of working from home. The answer depends on your commute, habits, equipment, and household costs.
The useful takeaway
Use your own expenses to estimate the value of working from home. The answer depends on your commute, habits, equipment, and household costs.
List costs that may fall
Add commuting fares or fuel, parking, workday meals, and other expenses you expect to reduce. Use actual spending where possible.
Subtract costs that may rise
Consider electricity, heating or cooling, internet upgrades, equipment, and workspace needs. Keep one-time purchases separate from recurring expenses.
Compare a month at a time
Estimated monthly savings equal reduced expenses minus additional recurring costs. Track a real month after the change and update your estimate. Consider time saved separately from money saved.
