From Longman Dictionary of Contemporary Englishaverage out phrasal verb1 RESULTif something averages out at a particular figure, it has that figure as an average over a period of time at Training costs for last year averaged out at £5,100 per trainee. The government’s share of the cost was intended to average out at 25%.2 COUNT/CALCULATE average something ↔ out to calculate the average of something I averaged out the total increase at about 10%. → average→ See Verb table
Examples from the Corpus
average at• The Department's share of the costs of approved courses was intended to average out at 25%.• The first thing I would point to is that our training costs for last year averaged out at £5,100 per trainee.• It was also a good year for margins, with pre-tax profits averaging out at 5 % of turnover.• It averages out at around £100 a month, I suppose.From Longman Business Dictionaryaverage out phrasal verb1[transitive] average something → out to calculate the average of a number of amountsThey were found to earn only £60 a week when their seasonal and casual earnings were averaged out.2average out at/to something if something averages out at a particular amount or rate, that is its average amount or rateOur training costs last year averaged out at £5,100 per trainee.Basketball players’ salaries average out at $3.3 million. → average→ See Verb table 