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.