Project Price Calculator

Estimate a Fair Price for any Crochet/Knitting Projects you make

🧮 Crochet/Knitting Project Price Calculator – Based on Hourly Rate

Use this simple calculator to estimate the final price of your handmade crochet or knitting project. It helps you account for your time, materials, and other costs — so you price your work fairly and professionally.

📋 Here's what each field means:

• Currency: Choose the currency you want the price displayed in (default is INR ₹).
  
• Hourly Rate: Your chosen hourly rate for the work (e.g., ₹100/hour).
  
• Project Hours: Total number of hours spent or estimated for the project.
  
• Material Cost: Total cost of yarn, tools, or any raw materials used.
  
• Tax (Optional): Add applicable tax amount (if you charge GST or VAT).
  
• Shipping Charges: The shipping or delivery fee you’ll charge.
  
• Miscellaneous (Optional): Any extra costs — like packaging, branding tags, etc.

The calculator will add all these up (including your labour cost = hourly rate × hours) to give you the final project price.

 

🤔 Not Sure About Hourly Rates?

🧮 Crochet/Knitting Base Rate Calculator – Material Based Rate

If you're a beginner, or someone who crochets or knits in between daily chores, during nap times, or in those little pockets of “me time” — it’s completely normal to lose track of how many hours you actually spent on a project.

Don’t worry — we’ve got you covered!

Instead of calculating based on hourly rate, you can use this simple base price calculator. It helps you price your handmade project fairly by multiplying the material cost to estimate your labour, then adding other essential costs like packaging and shipping.

It’s quick, easy, and made especially for creators like you 💛

🧾 Base Price Crochet/Knitting Calculator – Material-Based Pricing

This calculator is ideal if you price your handmade items based on the cost of materials. It automatically estimates the value of your time and effort using the standard industry multiplier.

✅ Here’s how it works:

• Currency: Choose the currency you want (default is INR ₹).
  
• Raw Material Cost: Total cost of yarn, buttons, embellishments, etc.
  
• Labour Cost = Material Cost × 3 (standard rule for handmade).
  
• Shipping Charges: Delivery cost to your customer.
  
• Tax (Optional): Include tax if applicable (e.g., GST).
  
• Packaging Cost: Cost of gift wrap, boxes, tags, or pouches.

The final amount includes labour, shipping, tax, and packaging — giving you a fair project price.

🧶 Other Useful Crochet/Knitting Pricing Methods:

1. Per Piece Pricing

Ideal if you create repeatable items (like keychains, scrunchies, coasters):

• Set a flat price per piece based on size, complexity, and market rates.
• Good for bulk or wholesale pricing.

Formula:

Final Price = Pre-decided unit price × Quantity + Shipping + Tax

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2. Market Comparison Method

Perfect for beginners still figuring out pricing:

• Research similar handmade items on Instagram shops or local craft fairs.
• Choose a price range that reflects your work’s quality while staying competitive.

Tip: Don't underprice! Your time and talent are valuable.

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3. Cost + Desired Profit Margin

A balanced approach that includes your business goals:

• Add a fixed profit percentage on top of your total cost (materials + labour + other expenses).

Formula:

Final Price = Total Cost + (Total Cost × Profit %)

Example: If your total cost is ₹500 and you want a 30% profit,

Price = ₹500 + ₹150 = ₹650

💬 We'd Love to Hear From You!

Every maker has their own unique way of valuing their time, effort, and creativity — and there’s no one-size-fits-all method when it comes to pricing handmade work.

Do you use a different pricing formula?
Do you have any tips for fellow crocheters or knitters?

 

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Let’s keep creating, learning, and growing — one stitch at a time. 🧵✨

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Let’s inspire and support each other on this handmade journey 💕🧶