To create a cost per hour metric the following variables were considered. First, does the entertainment require additional equipment to access. For instance, renting a movie may cost only $2, while attending the same movie at the theater might be closer to $10. In its simplest form this would mean that attending a movie in the theater would cost 5x the amount that it would at home. However, this is not the complete picture. Renting a movie means that you would also need a TV and DVD player in order to watch. On the other hand your couch and dwelling was not considered as part of the cost because it is assumed you would need those with or without your chosen form of entertainment. Lastly, it is assumed that these larger expenses cost would last longer than a month. With that being said here are the numbers from some of the more popular forms of entertainment:
Assumptions
- Movie Theater: The average movie lasts 2 hours and the average cost is $10 sans snack or drink.
- Movie Rental: The average movie rental cost $2 and is 2 hours in length. In order to watch a movie you must own an entertainment system which costs $1000 and lasts 10 years. Also, it is assumed that you would use your entertainment system a total of 1344 hours per year of which movie rentals would be 48 hours.
