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A clearer view of your numbers

Flat Rate Price Calculator

Turn labor, parts and an overhead allowance into a flat-rate selling price using cost markup or target margin.

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Your inputs

01 / Enter

These are editable examples, not recommended rates. Enter your own numbers.

Calculator inputs

Total across all workers, including fractional hours.

Include labor burden here if needed; do not enter a selling rate.

Entered once per job.

Entered once per job; exclude burden already included in the hourly cost.

Markup uses included cost as its denominator; margin uses selling price.

Margin must be below 100%. Markup can exceed 100%.

Your result

02 / Understand

Loading the example calculation…

Show the math

Estimates use unrounded numbers. Displayed amounts round to cents.

What this means

Labor cost, parts and your fixed allowance form the cost base. A markup or margin then determines a selling price.

Worked example

2 hours at $30, $40 parts and $20 overhead total $120. A 25% markup gives $150 and 20% margin. A 25% target margin instead gives $160.

How the math works

Cost = hours × labor cost/hour + parts + overhead. Markup price = cost × (1 + markup/100). Margin price = cost/(1 − margin/100).

About this estimate

Profit is after entered costs only, before tax, fees and unentered expenses. The overhead allowance is a dollar amount, not a percentage. Zero cost gives zero price and undefined markup/margin.

Keep working through it

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Formula v1.0.0 · Reviewed · Tool ID: flat-rate-price