Printing costs can account for 1-3% of a company’s annual revenue. The average cost of ink or toner per page ranges from $0.01 to $0.05. Printing in color can cost up to 50% more than printing in black and white. Choosing high-quality paper can increase printing costs by 20-30%. Printing waste can account for 10-15% of total printing costs.

As mentioned, the standard cost of printing can be up to two cents per sheet – but premium or specialty paper is a lot more expensive, perhaps as much as 10 cents a sheet. Because you buy paper in reams, you need to divide the total cost by the number of pieces of paper. This will give you an amount per individual page.

A study by Gartner found that companies spend between 1 – 3% of annual revenue on printing. This means that if your company has an annual revenue of $10 million, $100,000 – $300,000 is being spent on printing! Your cost of printing can be broken down into two main sub-categories focusing on printing costs and the other being process costs.