Let’s compare the cost of laser and wax hair removal. It’s no secret that laser hair removal carries a heftier initial price tag with it. But unlike the waxing option, laser hair removal rids you of the majority of your unwanted hair for years. And the math doesn’t lie — laser hair removal is less expensive in the end.
The American Society of Plastic Surgeons sets the price of an average laser hair removal treatment at $429, and most people need more than one treatment depending on the area of the body and thickness of hair. Most patients require between four and six treatments spaced four to eight weeks apart, meaning the entire cost would be between $1,716 and $2,574.
But the reality is that a lifetime of waxing will cost you way more. 
Let’s say you are a woman wanting to rid yourself of some pesky hair on your upper lip. If you have your lip professionally waxed every two weeks from the age of 25 to 65 at the price of $20 per wax session (that includes gratuity), you will spend $20,800 total. Think of what you could have done with that extra money if you had just saved it instead of waxed it away!
Even if you only got your lip waxed once a month from age 25 to 65, you would spend approximately $9,600. Suddenly the couple hundred dollars per laser treatment doesn’t seem so bad!
The cost difference increases even more if you want to remove hair in places like your bikini area or both your legs, considering wax treatments for those can run as high as $100.
If you’re interested in doing some of the math yourself, this article lists the average prices of wax treatments for most body parts.