1. Find true product cost
Materials + packaging + other per-item expenses + the value of your production time create a more complete cost than supplies alone.
FREE PRODUCT PRICING CALCULATOR
Price Your Products Without Guessing
Turn materials, packaging, production time, payment fees, and your chosen profit margin into a practical selling price for handmade products.
✓ Includes labor
✓ Includes selling fees
✓ No account needed
HANDMADE PRODUCT PRICING
Calculate a practical selling price
Enter the cost of making one item. Results update instantly as you change your numbers.
PRACTICAL LIST PRICE
$23.50
A rounded price designed to cover the costs you entered and reach about your chosen margin after the percentage fee.
True product cost
$14.42
materials + packaging + other + labor
Exact target price
$23.25
before practical rounding
Estimated profit / item
$8.38
after entered costs and percentage fee
Net profit margin
35.7%
using the practical list price
Where your price goes
per itemMaterials$6.00
Packaging$1.00
Other product costs$0.75
Labor value$6.67
Estimated selling fee$0.71
Estimated profit$8.38
PRICE CHECK
This price covers the costs you entered.
Product costs covered
Production labor included
Percentage selling fee included
Chosen profit margin reached
Use this as a starting point, then compare it with your market, product positioning, taxes, overhead, and the prices customers actually accept.
TAKE IT TO YOUR NEXT MARKET
How many of these would you need to sell?
Use your new product price in BoothMinty’s sales-goal calculator to see the item sales, customer orders, and revenue needed to cover booth costs and reach an event profit target.
HOW BOOTHMINTY CALCULATES PRICE
Build the price from the inside out
2. Account for selling fees
A percentage fee removes part of every sale, so the selling price needs enough room to cover that fee as well as the product cost.
3. Apply your margin goal
BoothMinty calculates the selling price that would leave your chosen share of the final price as profit after the costs and percentage fee you entered.
PRODUCT PRICING FORMULA
The math behind the result
The calculator uses profit margin—not markup—so the percentage you enter describes profit as a share of the final selling price.
True product cost
True cost = materials + packaging + other per-item costs + labor.
Labor = minutes to make ÷ 60 × desired hourly pay.
Target selling price
Target price = true cost ÷ (1 − fee rate − desired profit margin).
This works when the percentage fee and target margin together are less than 100%.
Practical list price
BoothMinty rounds the target upward to the next $0.50 so the displayed list price does not fall below the calculated target.
You can still choose a different final price based on your market and positioning.
PRODUCT PRICING FAQ
Questions handmade sellers often ask
How do I price a handmade product?
Start with the true cost of one product, including materials, packaging, other per-item costs, and the value of your labor. Then account for selling fees and the profit margin you want the price to produce.
Should I include my labor when pricing handmade products?
Yes. If you want the business to pay you for production time, include labor as part of the true product cost rather than treating whatever remains after materials as your pay.
What is the difference between markup and profit margin?
Markup compares profit with cost. Profit margin compares profit with the selling price. A 50% markup does not create a 50% profit margin, so BoothMinty calculates from the margin you enter.
Should I include booth fees in every product price?
This calculator focuses on the economics of one product. Booth fees are event-level costs, so use the craft fair sales goal calculator or profit calculator to see how your product price performs once event costs are added.
Does this include taxes and business overhead?
Not automatically. If an expense applies directly to each item, you can include it in “other cost per item.” Fixed overhead, income taxes, sales-tax handling, marketplace listing fees, discounts, wholesale pricing, and other business costs may need separate planning.
Is the calculated price guaranteed to sell?
No. BoothMinty provides a planning price based on the numbers you enter. Demand, competition, product quality, brand position, customer expectations, and your selling channel still affect the price your market will support.