Brainteaser iconBrainteaser - The Cost per Peek

The Cost per Peek
Probability
SIG
Four sealed boxes sit before you; exactly one hides \(\$100\), the other three are empty. You may open boxes one at a time, stopping as soon as you find the cash. Each peek costs \(X\) dollars.

What price \(X\) makes the game fair (i.e., zero expected profit for both sides)?