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Second Life economics 101 part one - The unexamined life
March 10th, 2009
10:16 am

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Second Life economics 101 part one
One of the things that people ask me about Second Life is "How much does it cost?" You can get an unpaid account for free, but here's a paid account example from one of my avatars. I have an annual account that costs me US$72/year. Each week Second Life distributes a 300 Linden dollar (L$300) stipend to each paid user's account*. That comes out to L$15,600/year. I just sold L$19,495 this morning and, after processing fees, received US$72.08. If we use this as a conversion factor the L$15,600 it comes to a little over US$57.67. So the true cost of the account is US$72 - US$57.67 which comes to US$14.33/year or a little less than US$1.20/month.

*This isn't entirely true. Users who created or upgraded to a premium account prior to November 2006 actually get a larger monthly stipend.

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From:jrittenhouse
Date:March 10th, 2009 08:33 pm (UTC)
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The real problem is that while you have the stipend, there's really not much to spend it on that isn't clothes, body mods or real estate-related.
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