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So how bad can a leaky faucet really be? Well, a slow drip can waste about 7-10 gallons of water per day, adding up to more than 3,600 gallons of water per year. This simple small leak can cost you about $20 per year. A more significant faucet leak can produce 30 to hundreds of gallons of wastewater per day.
The number for 1 million homes with a single faucet leaking at this rate, meanwhile, would be more than 34 million gallons. And of course many leaks drip much more than once per minute â and many homes have more than one leaky faucet. And then there are our toilets, which are, if anything, an even bigger problem.