Remote Work Savings Calculator
Estimate how much money you could save by working remotely based on commuting, food, parking, and other work-related costs.
Overview
This remote work savings calculator helps you estimate how much money you might save by working from home instead of traveling to a workplace. Enter your weekly work schedule along with commuting, parking, food, and extra home-working costs to compare the difference.
How it works
The calculator adds together the daily costs of going into the workplace, including commuting, parking, and food or drink spending. It then subtracts your extra at-home working cost to estimate a daily saving. That daily saving is multiplied by your work pattern to show estimated monthly and annual savings.
How to use this calculator
- 1Enter how many days per week you work.
- 2Add your usual daily commuting cost.
- 3Include any daily parking cost.
- 4Enter what you typically spend on lunch and coffee at the workplace.
- 5Add your estimated extra daily cost of working remotely at home.
- 6Set your working weeks per year and review the estimated savings.
Example Calculation
Workdays per week
5
Commute cost per day
$12
Parking cost per day
$5
Lunch and coffee cost at office per day
$10
Extra remote work cost per day
$3
Working weeks per year
48
Estimated monthly savings
$520
If you work 5 days per week, spend 12 on commuting, 5 on parking, 10 on lunch and coffee, and only 3 extra per day at home, your estimated savings would be about 24 per workday, roughly 520 per month, and around 5760 per year.
Frequently asked questions
What does the Remote Work Savings Calculator estimate?
It estimates how much money you may save by working remotely instead of commuting to a workplace, based on your daily costs and work schedule.
What costs should I include in commute cost per day?
You can include fuel, public transport, tolls, ride-share costs, or any other regular travel expense linked to going to work.
Should I include home electricity and heating costs?
Yes. Add those to the extra remote work cost per day if working from home increases your utility or internet-related spending.
Does this calculator include the value of time saved?
No. It only estimates direct money savings, not the value of time saved from commuting.
Can I use this calculator for hybrid work?
Yes. Adjust the workdays per week input to reflect how many days you would otherwise commute or work remotely on average.
Explore Related Calculators
Assumptions and warnings
Assumptions
- Results are estimates based on the daily costs and working schedule you enter.
- Monthly savings are averaged over a year using your weekly work pattern.
- The calculator assumes your remote work costs are reasonably consistent from day to day.
- This estimate does not include harder-to-measure factors such as time saved, childcare changes, or equipment purchases.