Knitting Project Cost Calculator

Total the cost of a knitting project including needles and notions, then see a suggested selling price.

Knitting projects carry costs that a yarn-only estimate misses: needles bought for the project, stitch markers, blocking mats and the pattern itself. This calculator captures all of them and turns the total into a price you could defend.

At a glance

What you enter: Yarn cost, Notions and needles for this project, Pattern cost, Anything else, Hours worked, Your hourly rate, Target profit margin
What you get: Production cost, Suggested selling price, Profit at that price, Price per hour worked
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 ↓

Yarn cost USD

Notions and needles for this project USD

Pattern cost USD

Anything else USD

Blocking, finishing, specialist tools.

Hours worked h

Your hourly rate USD/h

Target profit margin %

Reset

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

How to use the Knitting Project Cost Calculator

1 Enter Yarn cost (USD)
2 Enter Notions and needles for this project (USD)
3 Enter Pattern cost (USD)
4 Enter Anything else (USD), Blocking, finishing, specialist tools.
5 Enter Hours worked (h)
6 Enter Your hourly rate (USD/h)
7 Enter Target profit margin (%)
8 Press Calculate. You get Production cost, Suggested selling price, Profit at that price, Price per hour worked, and every intermediate step stays visible under "How is this calculated?"
9 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.

Hand knit DK sweater

80 dollars of yarn, 12 dollars of notions, a 7 dollar pattern, 40 hours at 18 dollars an hour.

You enter

Yarn cost: $80.00
Notions and needles for this project: $12.00
Pattern cost: $7.00
Anything else: $0.00
Hours worked: 40 h
Your hourly rate: $18.00
Target profit margin: 45%

You get

Production cost: $819.00
Suggested selling price: $1,489.09
Profit at that price: $670.09
Price per hour worked: $37.23

Compare the result with what your market actually pays before setting a price.

Open this example in the calculator →

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Frequently asked questions

How much should I charge for a hand knit sweater?

The arithmetic is uncomfortable but simple. A DK sweater takes most knitters 40 to 80 hours. At 15 dollars an hour that is 600 to 1,200 dollars of labour before yarn. This is why hand knit garments rarely sell at a price that pays a full hourly rate, and why many makers sell patterns, accessories or small items instead.

Should I count needles as a project cost?

Count them only if you bought them for this project and will not use them again, or apportion them across the projects that use them. Being consistent matters more than the choice itself, because inconsistent costing makes two similar projects look incomparable.

Is it worth knitting to sell?

For accessories, toys and small home items, sometimes. For garments, only at the high end of the market or when the design is your own. Run the numbers above honestly before committing to a large batch, and look at what comparable makers charge rather than what mass produced equivalents cost.

How do I speed up my knitting?

Continental and lever knitting are both faster than English throwing for most people, and avoiding frequent needle changes helps more than technique. Time yourself on a 10 by 10 centimetre square of the actual project to get a realistic rate rather than guessing.