Explanation of Values Used for Library Value Calculator

The chart below provides estimated or average costs for library resources and services. The cost figures for library services and estimated retail values were originally derived from a spreadsheet provided by the Massachusetts Library Association and have been updated with data from other sources.

Item/Library ServiceEstimated Retail ValueBased On
Hardback Books Borrowed $17.00 Average cost of hardcover for adults
Paperback Book Borrowed $7.00 Average cost of paperback for adults
Childrens Book Borrowed $12.00 Average cost of hardcover for children
Interlibrary Loan Requests $30.00 Average national cost for loans
Audiobooks Borrowed $10.00 Average cost to purchase an audio book
eBooks/Audiobooks Downloaded $15.00 Average cost to download an ebook/audiobook
Magazine Borrowed $5.00 Average cost to purchase a popular periodical issue
Newspapers Read $9.95 Chicago Tribune monthly subscription
DVD/Video Borrowed $9.95 Average cost to purchase a popular video
CDs Borrowed $9.95 Average cost to purchase a a CD
Newspaper Use in Library $9.95 Monthly subscription cost of Chicago Tribune
Large Meeting Room Use per Hour $75.00 Estimate
Slall Meeting Room Use per Hour $50.00 Estimate
Program/Class Attended - Adult $10.00 Estimate
Program Attended - Children $6.00 Estimate
Computer Use per Hour $12.00 Sample hourly rate at internet cafes for people using their computers, not their own laptops
Reference Questions Asked $15.00 Estimated cost per question

 

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