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Cost Per Day Calculator

Daily medication cost from pack price and days supply. Useful for patient counselling and cost comparison. Free pharmacy calculator for cost per day. TGA and FDA ...

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Patient on five medications is asking which one 'costs the most' — not because of the co-payment, but the actual daily cost. You need the number to counsel them meaningfully before they consider stopping one.

Cost Per Day Calculator
Business
Total tablets, mL etc. per pack
Daily units = Dose per admin × Doses per day Days per pack = Pack qty ÷ Daily units Cost per day = Pack price ÷ Days per pack Example: $22.50 pack · 30 tablets · 1 tablet OD
Days per pack = 30 · Cost per day = $0.75 · Per year = $273.75
⚕️ Clinical safety: 🇦🇺 Verify with facility drug formulary and senior clinician · Meets AHPRA/ACSQHC standards

1 What this calculator does

Calculates the daily cost of a medication from the pack price (full cost), the number of tablets or dose units in the pack, the dose per administration, and the dosing frequency. Allows comparison of two medications side-by-side for patient counselling.

2 Formula & professional reasoning

Cost per dose = Pack price ÷ Pack quantity Doses per day = Dose per admin × Doses per day count Cost per day = Cost per dose × Doses per day

Pack price and days supply are not directly comparable between products because pack sizes vary dramatically. A $28.50 pack of 28 tablets at once daily costs $1.02/day. A $45 pack of 100 tablets at twice daily costs $0.90/day. Cost per day normalises for pack size and dosing frequency, giving the patient and clinician the true ongoing cost of each medication — essential for adherence counselling when cost is a barrier.

3 Worked examples

⚠️ Illustrative example only — not clinical or professional instruction.

Basic
Simple once-daily tablet
Given: Pack: $22.80 · Qty: 30 tablets · Dose: 1 tablet · Frequency: once daily
Working: Cost/tablet: $22.80 ÷ 30 = $0.76 · Cost/day: $0.76 × 1
Answer: $0.76 per day · $22.80 per 30 days
💡 Patient-friendly framing: 'less than 80 cents a day'.
Standard
Twice-daily medication comparison
Given: Pack: $38.40 · Qty: 60 tablets · Dose: 1 tablet · Frequency: twice daily
Working: Cost/tablet: $38.40 ÷ 60 = $0.64 · Cost/day: $0.64 × 2
Answer: $1.28 per day · $38.40 per 30 days
💡 Same 30-day cost as above but twice-daily — cost per tablet is lower but daily cost is higher.
Advanced
PBS vs private cost comparison
Given: PBS co-payment: $7.70 for 30 days · Full cost: $28.50 for 30 days
Working: PBS: $7.70 ÷ 30 = $0.26/day · Full price: $28.50 ÷ 30 = $0.95/day
Answer: PBS: $0.26/day · Full price: $0.95/day · Patient saves $0.69/day on PBS
💡 Concession card holders pay a lower co-payment again. Ensure patient knows their entitlement.

4 Sanity check

PBS general co-payment 2024
Approx $31.60 per script (check pbs.gov.au for current)
Co-payment is capped at the Safety Net threshold. Concession: approximately $7.70.
Safety Net threshold
PBS Safety Net kicks in after a set number of scripts per year
Once threshold reached, PBS items are free for concession holders and reduced cost for others.
Cost context for patients
Express as per day and per month
$1.20/day sounds less than $43.80/month — use daily framing for adherence counselling.
Generic vs brand
Generic may be significantly cheaper off-PBS
Advise patients that generics have the same active ingredient and are therapeutically equivalent.

5 Common errors

ErrorCauseConsequenceFix
Using the patient co-payment instead of full pack cost Using PBS co-payment as pack price Daily cost vastly underestimated — not meaningful for non-PBS patients Use the full listed price (ARTG or PBS benefit price) for cost-per-day calculation. The co-payment is the patient's out-of-pocket portion only.
Not accounting for dose per administration Assuming 1 tablet per dose for all medications Daily cost halved for 2-tablet doses or doubled for 0.5-tablet doses Check the actual prescription dose — some medications are 2 tablets per dose, or 0.5 tablet
Comparing packs with different pack sizes without normalising Comparing $30/30 tabs vs $50/60 tabs More expensive-looking pack is actually cheaper per day Always normalise to cost per day — never compare by pack price alone
Not offering PBS registration advice to unregistered eligible patients Assuming patient already has Medicare/PBS card Patient paying full price unnecessarily Check whether the patient holds a Medicare card and is using it. Advise on PBS concession card if they may be eligible.