total cost
Everything you'll pay
Total cost is the complete amount required to produce, purchase, or complete something, accounting for all expenses rather than just the obvious ones.
In economics and business, total cost includes both fixed costs (rent, salaries) and variable costs (materials, labor per unit).
The term often appears when someone wants to emphasize hidden or overlooked expenses: The total cost of owning a car includes insurance, maintenance, and depreciation, not just the sticker price.
- expenseMoney paid out
- priceMonetary value assigned
- price tagDisplayed cost marker
- bottom lineEssential point or conclusion
- final billLast invoice owed
sum · all told · outlay · expenditure · invoice · sticker price · sticker shock · damage · tab · tally · overhead · budget · add it up · receipt · checkout · bottom dollar · all-in · full price
- booking informationconfirmation number, flight number, departure time, arrival time, seat assignment
- construction costslabor rates, contractor fees, contractor bids, bids, bid
- supply chainsupply, supplier, delivering, suppliers, vendor
- costsoverhead
- production economicsinputs, outputs, output, labor, factors
- applied mathlinear programming, differential equations, statistical methods, probability, statistics
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