Annual cost comparison
of alternatives--amortizing first cost over the equipment life or a preselected payback period and adding operation cost to determine annual owning and operating costs--is commonly employed.
A state-by-state annual cost comparison
conducted by Genworth Financial in 2008 looked at care costs in five different categories: nursing homes, assisted-living facilities, adult day care, home health aides, and homemaker services.
AmEx's annual cost comparison
showed that the city offers by far the best value, emerging as 25 per cent cheaper than second-placed London and 38 per cent cheaper than Milan, the most expensive of the four cities studied.