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Howe Memorial Library

What's Your Michigan Library Worth to You?

Individualized Return on Investment Calculator

Your Use Library Services Value of Services
     

The total value for the services you listed above = $

*Your personal return on investment is based on your responses and the typical annual tax contribution for your Michigan library. You see a returned value of $ for every one dollar invested.

Values used in the calculations above
Value of a book checked out at a library = $15
Value of a book borrowed through MeLCat = $12
Value of MeL eResource (per search) = $7.50
Value of a magazine read at a library = $5
Value of a magazine checked out at a library = $5
Value of a movie checked out at a library = $5
Value of a music recording checked out at a library = $10
Value of an audio book checked out at a library= $18
Value of an ebook/audio book downloaded from the library= $8
Value of a children's program at a library = $7
Value of a library program, such as a book club, for adults = $15
Value of a patron spending an hour on a library computer = $22.50
Value of a reference question at a library = $20
Value of general full-text articles accessed from a library's website or the Michigan eLibrary = $10
Value of academic full-text articles accessed from a library's website or the Michigan eLibrary = $35
Value for Michigan Activity Pass checked out at a library = $15
Value for College and K-12 Practice Exams and Courses through MeL.org = $300
Vocational Tests and Skill Building Courses = $109

Adapted from the Library Research Service Return on Investment calculator code.

You are seeing a returned value of $ for every one dollar invested!

Values updated at Library of Michigan August, 2014