4 ms·

How much do you value your time? I consider 1 minute ~= $2. So if Doordash saves me 15 minutes, then that's worth $30.

• alexb_ 4y ago
  If 1 minute is equivalent to 2 dollars, and you work an average 40 hour work week, that would imply you make $240 an hour. Not representative of nearly all Americans.
  • giaour 4y ago
    err, $120/hour. I think you meant $240K/year?
    • alexb_ 4y ago
      I actually did the math wrong. Assuming 8 hours of sleep, you have 350,400 waking minutes every year. So $2 a minute becomes "worth the time" if you make 700 grand a year.
• giaour 4y ago
  Just as a gut check, getting paid $2/minute would be an annual salary of $240,000 (assuming a 40 hour work week and two weeks paid leave). On principle, I wouldn't pay $30 for delivery under almost any circumstances. I'm generally not working during the time the delivery would take place, so it's not like I'd be forgoing salary to go pick up take out.
• mikestew 4y ago
  I can value my time at $500/hour, but unless someone is willing to pay me that rate while I wait for my food, then it's just a made-up number. And I don't know about the rest of you, but I'm on salary, so valuing my time by an hourly rate is a pretty poor measure to begin with.