Full Costing Calculator for Low Impact Development – National League of Cities
Full costing for low impact development in the national league of cities is a critical process that helps urban planners, developers, and policymakers make informed decisions. It ensures that the long-term costs and benefits of development projects are considered…
- Enter the population of the city or area.
- Input the estimated infrastructure cost for the development project.
- Enter the land cost.
- Input the utility cost.
- Enter the maintenance cost.
- Click ‘Calculate’ to see the full costing results.
The calculator uses the following formula to calculate the full costing:
Full Cost = (Infrastructure Cost + Land Cost + Utility Cost + Maintenance Cost) * Population
The methodology behind the calculator is based on the principles of life-cycle cost analysis and triple bottom line accounting…
- Always consider long-term costs and benefits.
- Engage with local communities and stakeholders.
- Use high-quality data sources.
What is the difference between full costing and capital cost?
Full costing considers all costs over the life of a project, while capital cost only considers the initial costs…
Learn more about life-cycle cost analysis from the Urban Institute