Surprisingly, no! High-quality credits can generally be purchased for $4.50-7.00 USD per metric ton. A good rule of thumb is to assume it'll cost about 0.4% of annual revenues to offset your entire carbon footprint. That boils down to about 12 cents to offset a pair of shoes or 30 cents to offset a backpack.

2022 Update: We are seeing a spike in the price of carbon credits due to global increasing demand for offsets. We hope to see prices level out as new projects are developed to match the current demand.