Handmade Jewelry Pricing Calculator

Price a handmade piece three ways, cost plus, market rate and premium, with the reasoning for each tier shown next to the number.

Jewelry Making

There is no single right price for a handmade piece, and a maker who only ever calculates one number ends up arguing with their own price list. This calculator shows the same cost side by side at three levels: cost plus, which covers the piece and your time and adds a modest profit; market rate, which adjusts to what comparable work sells for near you; and premium, which is what a signature, limited or gift boxed version can carry. Each tier comes with the reasoning that produced it.

At a glance

What you enter: Material cost per piece, Hours of work per piece, Your hourly rate, Packaging cost, Profit added for the cost plus tier, Market adjustment, Adjust the market tier to local prices, Premium uplift, Marketplace commission, Payment processing
What you get: Cost plus price, Market rate price, Premium price, Break even price
Formula shown: Yes, every step, right below your results.
Cost and privacy: Free, no account needed, and nothing you type is stored.

See worked examples ↓ Read the FAQ ↓ Share this calculator ↓

Material cost per piece USD

From the material cost calculator.

Hours of work per piece hours

Your hourly rate USD/hr

Packaging cost USD

Profit added for the cost plus tier %

A share of the selling price at this tier, not a markup on cost.

Market adjustment %

Positive if comparable work sells above your cost plus figure, negative if it sells below.

Adjust the market tier to local prices

Turn this off to keep the market rate equal to the cost plus figure.

Premium uplift %

Applied to the market tier for a signed, limited or gift boxed piece.

Marketplace commission %

Payment processing %

Reset

Results are estimates for general information only, always verify with a professional or official source before acting on them.

How to use the Handmade Jewelry Pricing Calculator

1 Enter Material cost per piece (USD), From the material cost calculator.
2 Enter Hours of work per piece (hours)
3 Enter Your hourly rate (USD/hr)
4 Enter Packaging cost (USD)
5 Enter Profit added for the cost plus tier (%), A share of the selling price at this tier, not a markup on cost.
6 Enter Market adjustment (%), Positive if comparable work sells above your cost plus figure, negative if it sells below.
7 Enter Adjust the market tier to local prices, Turn this off to keep the market rate equal to the cost plus figure.
8 Enter Premium uplift (%), Applied to the market tier for a signed, limited or gift boxed piece.
9 Enter Marketplace commission (%)
10 Enter Payment processing (%)
11 Press Calculate. You get Cost plus price, Market rate price, Premium price, Break even price, and every intermediate step stays visible under "How is this calculated?"
12 Change one number at a time to see what moves the result, that is usually the most useful thing a calculator can tell you.

Worked examples

Real numbers run through this calculator. Open any example to load it into the form above and change it.

Beaded necklace priced three ways

Fourteen dollars of materials, two hours at eighteen dollars an hour, two dollars of packaging, a 35 percent cost plus profit and ten percent commission.

You enter

Material cost per piece: $14.00
Hours of work per piece: 2 hours
Your hourly rate: $18.00
Packaging cost: $2.00
Profit added for the cost plus tier: 35%
Market adjustment: 5%
Adjust the market tier to local prices: Yes
Premium uplift: 45%
Marketplace commission: 10%
Payment processing: 3%

You get

Cost plus price: $80.00
Market rate price: $84.00
Premium price: $121.80
Break even price: $59.77

A production cost of 52 dollars gives a cost plus price near 80, a market figure near 84 and a premium near 122.

Open this example in the calculator →

Simple earrings at a market stall

Five dollars of materials, forty five minutes at fifteen dollars an hour and one dollar of packaging with no marketplace commission.

You enter

Material cost per piece: $5.00
Hours of work per piece: 0.75 hours
Your hourly rate: $15.00
Packaging cost: $1.00
Profit added for the cost plus tier: 40%
Market adjustment: -10%
Adjust the market tier to local prices: Yes
Premium uplift: 25%
Marketplace commission: 0%
Payment processing: 3%

You get

Cost plus price: $28.75
Market rate price: $25.88
Premium price: $32.34
Break even price: $17.78

With no commission the tiers sit close together, which is why in person selling is usually more profitable per piece.

Open this example in the calculator →

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Frequently asked questions

What is the difference between cost plus pricing and market pricing?

Cost plus builds the price from what the piece costs you and works for any design you can make. Market pricing accepts that buyers compare, so it starts from the cost plus figure and adjusts towards what comparable work actually sells for. Most makers need both numbers: cost plus tells you the price below which you should not sell, and market tells you whether you can sell at all in the venue you chose.

How do I price a piece for a craft fair?

Work out the cost plus figure first, including your time, then add the stall fee to the batch as a cost rather than burying it in the price of one piece. A forty dollar stall fee over twenty pieces is two dollars per piece, which is easy to forget. At a fair you also avoid marketplace commission but still pay card processing, so the margin on each piece is usually better than online at the same price.

What justifies premium pricing?

Presentation, provenance and scarcity: a signed piece, a numbered edition, a design you do not repeat, better packaging, and photography and service that match. The work itself also has to be genuinely better finished, because a premium price invites a closer look. The market responds quickly and honestly, so test it on one design rather than repricing the whole range at once.

Should all three prices be shown to customers?

No. The three tiers are for you, to see the range your costs and market allow and to decide where to pitch a given piece. Publishing three prices for the same item confuses buyers and undermines the one you actually want them to pay. Use cost plus as your floor, choose the tier that matches the piece and the venue, and price that piece at one number.