Vision Plan Value Calculator
Calculate whether your vision insurance plan is worth the premium based on your expected eye exams, glasses, and contact lens purchases.
LASIK vs Contacts Cost Calculator
Compare the long-term cost of LASIK eye surgery versus continuing to buy contact lenses and solution. Find your break-even year.
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Break-Even Year⧉
Year 5
LASIK becomes cheaper
Total Contact Cost⧉
$22,840.00
Over 20 years
LASIK Cost⧉
$4,500.00
One-time investment
LASIK Savings⧉
$18,340.00
Over 20 years
Cost Comparison Over Time
| Year | Contacts (Cumulative) | LASIK |
|---|---|---|
| Year 1 | $850.00 | $4,500.00 |
| Year 5 ⬅ Break-even | $4,513.00 | $4,500.00 |
| Year 10 | $9,744.00 | $4,500.00 |
| Year 15 | $15,809.00 | $4,500.00 |
| Year 20 | $22,840.00 | $4,500.00 |
Planning notes, formulas, and examples
About the LASIK vs Contacts Cost Calculator
Contact lenses seem affordable month-to-month, but the cumulative cost over a lifetime is substantial. Between the lenses themselves, solution, cases, and annual eye exams, contact lens wearers spend $500–$1,000+ per year. Over 20–30 years, that's $10,000–$30,000.
LASIK, while expensive upfront ($3,000–$5,000 for both eyes), eliminates most ongoing vision correction costs. For many patients, LASIK pays for itself within 3–7 years and saves tens of thousands over a lifetime.
This calculator compares cumulative costs of contacts versus LASIK over your specified time horizon, identifying the break-even year and total savings. These are educational estimates only—actual LASIK outcomes vary by individual.
When This Page Helps
The upfront cost of LASIK deters many people, but it's actually an investment. This calculator shows the crossover point where LASIK becomes cheaper than contacts, motivating you to evaluate the procedure based on long-term economics rather than sticker price.
How to Use the Inputs
- Enter the total LASIK cost for both eyes.
- Enter your annual contact lens expense (lenses + solution + cases).
- Enter your annual eye exam cost for contact lens wearers.
- Enter the number of years to compare.
- Optionally enter an inflation rate for contact lens costs.
- See the break-even year and cumulative savings.
Formula used
Cumulative Contact Cost (Year N) = Σ(Annual Contact Cost × (1 + Inflation)^i) for i=0 to N-1
LASIK Cost = One-time surgery cost + post-op visits
Break-Even Year = first year where Cumulative Contact Cost > LASIK Cost
Total Savings = Cumulative Contact Cost at Year N − LASIK CostExample Calculation
Result: Break-even: Year 6 | 20-year savings: $18,344
Annual contact cost ($700 + $150 exam = $850) growing at 3% inflation. Cumulative contacts cost reaches $4,500 around year 6. By year 20, contacts would cost $22,844 total while LASIK remains $4,500 — saving $18,344.
Tips & Best Practices
- Many LASIK centers offer 0% financing for 24 months, making the monthly cost similar to contacts.
- LASIK is HSA/FSA eligible, providing 25–35% tax savings on the procedure cost.
- Vision insurance LASIK discounts (typically 15–20% off) can lower the break-even period.
- Results typically last 10–20+ years, though some patients need minimal correction later (reading glasses).
- These are educational cost estimates only. LASIK candidacy depends on eye health, prescription stability, and corneal thickness.
- Consider including the value of convenience — no more daily lens insertion, cleaning, and travel supplies.
The Hidden Cost of Contact Lenses
Contact lens wearers rarely add up their annual spending. Between daily/monthly lenses ($300–$600), multipurpose solution ($80–$120), lens cases, annual contact lens exams ($100–$200 more than glasses-only exams), and emergency backup glasses, total annual costs frequently exceed $800.
Financial Analysis of LASIK
LASIK is best viewed as an investment with a clear payback period. With average LASIK cost of $4,500 and average contact costs of $800–$1,000/year, the break-even point is typically 4–6 years. Every subsequent year represents pure savings. Over a 30-year career, this can total $25,000–40,000.
Beyond the Numbers
The financial case for LASIK is strong, but non-financial benefits also matter: eliminating daily lens insertion/removal routines, freedom during sports and travel, no more dry eye from contacts, and safe vision during emergencies. Many patients rank LASIK as one of the best investments they've made.
Sources & Methodology
Last updated:
Frequently Asked Questions
LASIK ranges from $2,000 to $5,000+ per eye depending on technology (bladeless, wavefront-guided), surgeon experience, and geographic location. The national average is about $2,500 per eye. Cheaply advertised rates ($250/eye) often apply only to mild prescriptions with basic technology.
LASIK permanently reshapes the cornea, and the correction is generally permanent. However, some patients (5–10%) experience regression over 10–15 years and may need an enhancement procedure. Age-related presbyopia (reading difficulty after 40) still occurs regardless of LASIK.
Standard health and vision insurance generally classify LASIK as elective/cosmetic and don't cover it. However, many vision plans offer discounts of $500–1,000 through partner LASIK providers. Some employer benefit programs offer supplemental LASIK coverage.
Post-LASIK costs are minimal: follow-up visits for the first year (often included in the surgery price), artificial tears for dry eye ($50–100/year for the first year), and standard annual eye exams ($50–150). Most patients have no ongoing vision correction costs.
Most LASIK patients achieve 20/20 vision or better (over 95% satisfaction rate). Some may need thin-lens glasses for night driving or reading after age 40. Enhancement procedures are available if correction regresses. Many surgeons include free enhancements for life.
If you invested the $4,500 LASIK cost instead, it would grow over time. However, the annual contact savings would also be invested each year. In practice, the annual savings from avoiding contacts compound faster than the lost growth on the lump sum, so LASIK still wins financially.