Job Pricing Calculator
Use this for a bid when you know the job costs and want to include overhead. Enter labor, materials, other costs, and your target margin to see an estimated selling price and gross profit.
Enter your values below. The result updates as you change them.
Job price and margin
Cost-divided gross margin formula: Price = Cost ÷ (1 − Margin % ÷ 100)
Side-by-Side Price Comparison
Same total job cost for all three bids: $1,200.00
Competitive / Volume Bid
Selected Target
Premium / Complex Scope
Calculation Formula & Definitions
A 25% markup is not a 25% margin: adding 25% to a $1,000 cost gives a $1,250 price and a 20% margin. To target a 25% margin, use the divisor below.
Overhead Allocation: Overhead can be entered as a fixed lump sum (allocated from shop/office expenses) or as a percentage of direct costs.
Worked Example
Illustrative job using the following entered cost assumptions:
- Direct Labor: $600.00
- Direct Materials: $450.00
- Equipment & Other: $150.00
- Overhead: $0.00 (or included in direct rates)
- Target Profit Margin: 25.0%
The result includes only entered costs and the selected overhead method. Add applicable taxes, fees, permits, and other costs separately when they are part of your estimate.