Handmade Pricing Calculator
Get a fair price for your handmade goods using three proven pricing formulas.
Simple Formula — Materials × 2.5
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Quick rule of thumb used by many makers
Industry Standard — Materials×2 + Labor
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Common formula taught in craft business courses
Detailed / Cost-Plus (Recommended)
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(Materials + Labor + Overhead) × (1 + Margin%)
These calculators provide estimates for planning purposes. Consult a tax professional for business financial advice.
How to Use
- Enter the total cost of all materials for one item.
- Enter how many hours the item takes to make.
- Set your hourly rate — aim for at least $15–$25/hr minimum.
- Overhead covers tools, electricity, workspace, packaging supplies (default 15%).
- Profit margin is your business profit on top of all costs.
Pricing Tips
- Never underprice your labor. $20–$30/hr is reasonable for skilled handwork.
- The Simple formula works as a quick sanity check but often undervalues labor-intensive items.
- The Detailed formula is best for pricing accuracy and long-term business health.
- Price for your target market — Etsy buyers, craft fair shoppers, and wholesale buyers expect different price points.
- Revisit prices when material costs change.
About this Handmade Pricing Calculator
Use this free Handmade Pricing Calculator to get quick, accurate results directly in your browser. It is designed for everyday use with no signup, no downloads, and no account required. No signup is required, and the tool works on phones, tablets, and desktop browsers.