Academic libraries continue to face funding pressures compounded by the need to provide students with access to electronic resources, both in journal and book formats. With space constraints and the need to repurpose library space to other uses, libraries must carefully examine the move to e-only formats for books to determine if the format makes reasonable economic sense. A survey conducted at Auburn University at Montgomery (AUM) has confirmed for academic libraries the work of Gray and Copeland on e-books being more expensive than print for public libraries. For AUM, the mean cost for an e-book is significantly higher than for the print counterpart of that title. The cost differentials between the two formats show e-books as being consistently higher than print in initial price. This consistency holds true across all LC classifications, regardless of whether or not the title is published by a university press or a commercial press.