Contractor Markup Calculator
Use this contractor markup calculator to work out your selling price from your cost and target markup.
Markup Calculator
What This Calculator Does
This calculator takes your cost price and your markup percentage, then shows the selling price you need to charge. It is useful when you want to price work quickly without guessing. This version is framed for contractor work so the page feels more relevant to the jobs that audience actually prices.
How to Use
- Enter your total job cost.
- Enter your target markup percentage.
- Click calculate.
- Use the selling price result in your quote.
Example
If your total cost is $5,000 and you add a 20% markup, your selling price becomes $6,000. This is especially handy when pricing contractor jobs where speed matters.
Why This Calculation Matters
Markup is one of the fastest ways to protect margin on small and mid-sized jobs. When you know your numbers, you avoid underquoting and you make pricing decisions much faster. For contractor work, small pricing errors repeat quickly across lots of jobs, so getting the number right matters even more.
Common Mistakes
- Leaving out small material items.
- Forgetting labour burden or admin time.
- Using markup when you actually wanted margin.
- Copying old prices without checking current costs.
FAQs
What is markup?
Markup is the percentage added on top of cost to create your selling price.
Is markup the same as margin?
No. Markup is based on cost, while margin is based on selling price.
Why use a markup calculator?
It gives you a quick and consistent way to price work without relying on gut feel.