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By Alexandra Mondalek
May 10, 2016
AP

Is the cost to save the planet too high? For some people, it might be.

61% of people would only buy green items if they cost the same or less than non-eco-friendly products, according to RetailMeNot. The deals site survey also found that 60% of consumers would be “motivated to purchase” a green product if a cost savings were involved.

People may indicate they’re willing to purchase those products, but how much do they actually spend? Some green purchases are only incremental changes, with costs for things like energy efficient light bulbs kept low at about $10. Other buys, like an electric vehicle, could run you $30,000, but promise to pay for themselves in savings within 30 years (depending, of course, on gas prices and federal tax credits.)

So, while an eco-friendly purchase might save green on earth, it could cost you the green in your wallet. Money wants to know how much you’ve actually spent in the last year to try and save the planet.

Advertiser Disclosure

The purpose of this disclosure is to explain how we make money without charging you for our content.

Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools.

Earning your trust is essential to our success, and we believe transparency is critical to creating that trust. To that end, you should know that many or all of the companies featured here are partners who advertise with us.

Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

Opinions are our own and our editors and staff writers are instructed to maintain editorial integrity, but compensation along with in-depth research will determine where, how, and in what order they appear on the page.

To find out more about our editorial process and how we make money, click here.

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