Originally Posted by
mauiUAflyer
My main thought was to compare cash out of pocket. How one values one's miles is a YMMV kind of thing.
Which is why I added the comment at the end... but yes, cash out of pocket is valid.
YMMV-wise, it's not about how you value your miles or spend them, you have to get them from somewhere, and that has a cost associated with it.