Depreciation Calculator
Annual depreciation = (Asset cost − Salvage value) ÷ Useful life(50000−5000)÷10 = $4,500/year
Free online tool
Depreciation Calculator
Enter the asset cost, salvage value and useful life to find annual depreciation.
Instant calculation
Depreciation Calculator
Enter the asset cost, salvage value and useful life to find annual depreciation.
Your result
Calculation
Your numbers stay in this browser. Nothing is uploaded or saved.
Three clear steps
How to use this calculator
- 01
Enter asset cost
Type the purchase price of the asset.
- 02
Enter salvage value
Type the estimated value at end of life.
- 03
Set useful life
Enter the number of years the asset will be used.
The formula
How this calculation works
Straight-line method spreads the depreciable base evenly across the asset's useful life.
Check the method
Worked examples
Each example follows the same formula used by the calculator.
Asset cost $50,000, salvage $5,000, life 10 years — depreciation?
(50000−5000)÷10 = $4,500/year$4,500 per yearCommon questions
Questions about this calculation
What is the Depreciation Calculator?
The Depreciation Calculator helps you calculate straight-line depreciation of an asset over its useful life. Enter your values and select Calculate to get an instant result.
How is the result calculated?
Straight-line method spreads the depreciable base evenly across the asset's useful life.
Can you show an example?
Example: Asset cost $50,000, salvage $5,000, life 10 years — depreciation? — $4,500 per year.
Is my data saved when I use the Depreciation Calculator?
No. All calculations run locally in your browser. Your inputs and results are never uploaded, stored or shared with anyone.
Is the Depreciation Calculator free to use?
Yes. The Depreciation Calculator is completely free. No account, sign-up or payment is required. It works on mobile, tablet and desktop.
Continue calculating