A faucet that drips after you turn it off is not sealing internally. The handle is in the off position but water still squeezes past a worn component inside the valve body. At one drip per second, that is 5 gallons per day -- 1,800 gallons per year. The fix depends on the faucet type: cartridge replacement for single-handle Moen, Kohler, or Pfister; ball assembly replacement for Delta ball-type; or washer and seat replacement for two-handle compression faucets. Each fix costs $5-$25 and takes under an hour.