Expected Utility

Calculate Expected Utility instantly with the exact formula and a worked example. Free online calculator — no signup, works on mobile.

Expected Utility

Probability
Cost 1
Cost 2
EU
400
Calculate Expected Utility instantly with the exact formula and a worked example. Free online calculator — no signup, works on mobile.

More about: Expected Utility

What it calculates

The “Expected Utility” calculator computes EU from 3 parameters: probability, cost 1, cost 2.

Used by investors to estimate returns, project savings, and analyze a portfolio.

Example calculation

With parameters Probability = 0.6, Cost 1 = 1,000, Cost 2 = -500 the result is 400.

How to use

  1. Enter the parameter values — every field above is adjustable with a slider.
  2. The result and related metrics are calculated automatically as you type.
  3. Use the additional metrics shown (if any) where needed.
  4. Copy the result or bookmark the page.

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