top of page

No More “Is This Too Expensive?”

Running a crochet business shouldn’t feel like guessing games and second-guessing your prices.

A crochet project calculator helps you figure out what to charge... quickly, simply, and without the stress.

This Calculator helps you...

  • Cover your material costs

  • Pay yourself fairly for your time

  • Add profit (without feeling awkward about it)

  • Price consistently across your products

Free vs. Paid Calculator

Both versions help you price your crochet items, but they work a little differently.

 

Free Version (on this page):

  • Uses simple formulas to guide your pricing

  • You calculate totals yourself

  • Great if you want to understand the numbers step-by-step

Paid Version:

  • Enter your numbers → it calculates everything for you

  • Saves time (especially for multiple products)

  • Helps you price faster and more consistently

4 Step Process

Hourly Wage

The amount of money you want to earn per hour you work on your crochet project.

Additional Costs

Other fees and costs consumed by the maker to sell the product. For example, Etsy fees or packing materials.

Cost Per Gram

The calculated $ value of one gram of material OR a single unit of material.

Markup

The percentage of $ on top of the base price (this helps increase profit margins).

Material Cost

The calculated value of the amount of material used multiplied by the cost per gram/item.

Final Cost

The price at which to sell your product!

Please familiarize yourself with these terms you will see in the four step process below.

This is a simplified 4 step process you can use to calculate the value of your crochet project. There are 3 calculators below that will do the nitty-gritty work for you. It will take a few different calculations to get your final price.

You can speed up the process by using our PAID version of the Crochet Pricing Calculator.

01

First decide on your hourly wage. This is completely up to you, but your regions minimum wage is a good place to start.

02

Next, figure out how much material you used. To do that you'll need to calculate the cost per gram of your yarn.

I used Sweet Snuggles Lite which is $11.99 CAD for one skein of 250 g. I used 48 g for my project.

03

Time yourself making the item from start to finish. Then we will calculate what % of an hour it took to make.

The project took me 34 minutes which is 56.67% of an hour.

Then multiply the amount by your hourly wage.

04

Add your material cost and your hourly wage total together. 

For example purposes I will use $17.20 which is minimum wage in Ontario.

Screenshot 2024-09-21 093527.png
image.png

The cost per gram is $0.048. The material cost is $2.40.

For this example, this project took me 34 minutes

 

 

 

You need to convert the percentage to a decimal.

 

Multiply the percentage by Converted to a decimal percentage by multiplying 56.67% by .01.

 

The answer = .5667. 

.5667 x $17.20 = $9.747

$2.4 + $9.747 = $12.14

This is your BASE cost. Add more to account for fees, markup etc.

If this cost seems very high try this: Double check that you have converted the percentage of an hour into a decible by multiplying the # by .01.

ie. 76.67 x 0.01 = .76

.76 is the number you should put in the time box.

Need more computing power?

Add all your materials toget at once with the paid version of the Crochet Pricing Calculator. 

bottom of page