Woodworking Pricing Calculator
Your Pricing
Total Cost: $0
Minimum Price (3X Cost): $0
Recommended Price: $0
Formula: (Materials + Labor + Overhead) × 3 = Minimum Price
Features Introduction
Tired of guessing what to charge? This calculator eliminates undercharging by applying the proven 3X pricing formula used by successful woodworkers. Here’s what it does:
1. Simple Inputs for Accurate Pricing
- Materials Cost: Enter the exact cost of wood, epoxy, hardware, etc.
- Labor Hours: How long the project takes (design, build, finish).
- Hourly Rate: Your target wage (default: $30/hr; adjust to your skill level).
- Overhead: Hidden costs like shop rent, utilities, sandpaper, etc.
2. Smart 3X Pricing Formula
The calculator automatically applies the industry-standard 3X rule:
Minimum Price = (Materials + Labor + Overhead) × 3
This ensures you cover:
- Material costs
- Your time
- Business expenses
- Profit
3. Instant Price Recommendations
- Total Cost Breakdown: See your actual expenses.
- Minimum Price (3X): The lowest you should charge.
- Recommended Price: Minimum price + 10% buffer for negotiations/custom work.
4. Mobile-Friendly & Professional Design
- Works on phones, tablets, and desktops.
- Clean, wood-themed interface that matches your brand.
5. Educational Formula Display
The calculator shows the math behind your price, so you can:
- Explain pricing confidently to clients.
- Adjust inputs to see how changes affect profits.
How to Use It (Example Scenario)
Let’s say you’re making a live-edge coffee table:
- Materials: $150 (walnut slab, epoxy, legs)
- Labor: 12 hours × $30/hour = $360
- Overhead: $40 (shop costs, finishes)
Calculator Outputs:
- Total Cost: $550
- Minimum Price: $1,650
- Recommended Price: $1,815
Now you know exactly what to charge—no more leaving money on the table!
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