Jewelry Pricing Calculator
Jewelry has expensive materials and precise labour. Enter your metals, findings, stones, the time it takes, and a tool allocation — FundiJumla finds a price that covers scrap, fees and your margin.
Profitability breakdown
Price ladder
Compare your recommended price across target margins.
| Target margin | Selling price | Profit / unit | Markup | Hourly earnings |
|---|---|---|---|---|
| 20% | $74.22 | $14.84 | 25.0% | $9.90 |
| 30% | $84.82 | $25.45 | 42.9% | $16.96 |
| 40% | $98.96 | $39.58 | 66.7% | $26.39 |
| 50% | $118.75 | $59.38 | 100.0% | $39.58 |
Discount floor
Based on your recommended retail price of $91.35.
Any discount below the recommended price reduces your margin below target. Fixed business costs you have not entered here (insurance, software, etc.) are not captured by this calculator.
The formula
Metals, findings and stones form your materials; labour and a tool/equipment allocation form your overhead. A waste percentage covers scrap and rejects. The formula solves backwards for a price that keeps your margin after selling fees.
Worked example
Metal $10, findings $3, stones $8, packaging $1.50, 1.5h at $22/h = $33.00, tools $1.50, waste 4%. Base cost = $57.00; waste-adjusted = $59.38. With a 6.5% fee and 35% margin, the recommended price = $102.01. Profit per unit = $35.70.
Related calculators
Frequently asked questions
How do I price handmade jewelry?⌄
Add up every material (metal by weight, findings, stones), your labour at a skilled hourly rate, packaging, a tool allocation, and a waste allowance for scrap. Then apply your target margin.
What should my equipment allocation be?⌄
An estimate of wear, consumables and tool replacement spread across pieces. If you bought a $200 torch and make 200 pieces a year, that's $1 per piece — enter a sensible per-item share.
How do I account for scrap metal?⌄
Use the waste percentage. If you lose 4% of silver to offcuts and filings you can't recover, set waste to 4%.
What margin should jewelry target?⌄
There's no universal answer — it depends on your market and materials. Some makers target higher margins on jewelry because materials are costly and stock turns slowly. Use the price ladder to compare.