💰 Jewelry Material Cost Calculator

Enter your materials cost, time spent, your hourly rate, and desired markup to see a suggested sell price for a handmade piece.

Materials cost ($)

Time spent (hours)

Your hourly rate ($)

Markup (%)

How the suggested price is built

Labour is costed at your own rate, added to materials, and the markup is applied to that whole total - not to materials alone:

labour     = hours × hourly rate
total cost = materials + labour
sell price = total cost × (1 + markup% / 100)

The defaults work out as 1.5 × $20 = $30 of labour, $42 of total cost, and $42 × 1.5 = $63 to sell. Markup is not margin: that $63 carries $21 of gross profit, which is 33.3 per cent of the sale price, not 50. A 50 per cent margin needs a 100 per cent markup and a $84 price.

What to load into each input

Count every hour, not bench hours. Sourcing, photographing, listing and packing are real time. Charging only for the 1.5 hours at the bench is the usual reason a maker earns below the rate they typed.
Materials means consumed, not bought. Prorate the strand, the wire spool and the solder, and include the offcut you wasted.
Nothing here covers selling fees. On a $63 piece a marketplace taking 6.5 per cent plus payment processing removes about $6.50, which is a third of the markup. Raise the markup or add the fee to materials.

This gives one number. If you also sell to shops, treat this as the wholesale figure and double it for retail, or your own store will undercut the stockists carrying your work.

Frequently asked questions

How do I price handmade jewelry?

Cost the materials you consumed, pay yourself an hourly rate for all the time, then mark the total up. The markup covers overheads, fees and profit, so it has to be more than a rounding gesture.

What is a good markup percentage for handmade jewelry?

50 per cent is a common floor for direct sales. Wholesaling usually needs 100 per cent, so the shop can double it again and still sit beside your own price.

Is a 50 percent markup the same as a 50 percent profit margin?

No. A $42 cost marked up 50 per cent sells at $63, and $21 of $63 is a 33.3 per cent margin. Markup divides profit by cost; margin divides it by the sell price.