That's an excellent question that gets to the heart of value versus initial price. While a plastic bin is almost always cheaper to buy initially, the long-term cost picture often tells a very different story.
Let's break it down. You might pay $50 for a standard plastic bin, while a comparable galvanized steel model could cost $150. On day one, plastic wins. However, over ten years, three key factors shift the balance:
1. Durability and Replacement Costs: Plastic becomes brittle from UV rays and can crack in extreme cold or upon impact. A single crack often means a full replacement. A sturdy metal bin might get a dent, but it remains fully functional. It's not uncommon to replace a plastic bin every 3-5 years, meaning you could buy 2-3 over a decade. That $50 bin now costs $100-$150.
2. Theft and Vandalism: Unfortunately, this is a real urban factor. Plastic bins are lightweight and can be easily carried away or damaged. A heavy, anchored metal bin is a much less appealing target. Replacing a stolen bin adds unexpected cost.
3. Environmental Factors: Metal bins are less likely to be blown over and scatter litter, which can incur fines in some municipalities. They are also better at resisting pest damage from rodents.
When you add it all up—the potential for multiple plastic bin purchases, plus the hassle and cost of theft or damage—that initial $150 investment in a metal bin often proves to be the more economical choice over ten years. You're not just buying a container; you're buying peace of mind and long-term value. For high-traffic public areas or commercial use, the case for metal becomes even stronger. For a private, sheltered backyard, a quality plastic bin might still be a viable option, but always consider the total cost of ownership, not just the price tag.