How do I calculate a jewelry piece's profit margin?

Subtract total cost and commissions from the selling price. Divide that profit by the selling price and multiply the result by 100.

Which costs should I include for a jewelry piece?

Include metal, stones, findings, labor, packaging, and every expense directly related to making or acquiring the piece.

Why does the calculator divide by one minus margin?

Margin is measured against selling price, not cost. Adding 30% to cost creates a 30% markup but a lower profit margin.

How do I include a marketplace or payment fee?

Enter its percentage under sales commission. The calculator raises the price to cover it without reducing your target margin.

Does the suggested price include tax?

No. The result is shown before tax. Apply the tax required for your business and the transaction.

Joyeros App

Cost and margin calculator

Add materials, labor, and expenses. Set your margin and get a profitable selling price for every piece.

Calculate your selling price

The result preserves your target margin after the sales commission is deducted. Amounts in US dollars (USD); the calculation is the same in any currency.

Materials

Labor

Other costs

Target margin

Sales commission

Suggested selling price

USD 4,714.29

Price before tax. Round it to fit your pricing strategy.

Total cost: USD 3,300.00
Profit per sale: USD 1,414.29
Estimated commission: USD 0.00
Markup on cost: 42.86%

How to calculate a selling price

Add every piece cost and divide the total by one minus margin and commission written as decimals. Formula: price = total cost ÷ (1 - margin - commission).

1.Add materials, labor, packaging, and every other direct cost.
2.Set the profit percentage you want to keep from the sale.
3.Add marketplace, payment, or salesperson commission so the price covers it.

Margin and markup are not the same

Profit margin: Profit as a percentage of selling price. A 30% margin means 30% of revenue remains as profit after the included costs.
Markup on cost: Profit as a percentage of cost. The calculator shows it for reference but uses margin to set the suggested selling price.

Calculate metal cost first

Check your raw material value with our live gold price and live silver price. Then add labor, packaging, and the rest of the piece costs.

Frequently asked questions

How do I calculate a jewelry piece's profit margin?: Subtract total cost and commissions from the selling price. Divide that profit by the selling price and multiply the result by 100.
Which costs should I include for a jewelry piece?: Include metal, stones, findings, labor, packaging, and every expense directly related to making or acquiring the piece.
Why does the calculator divide by one minus margin?: Margin is measured against selling price, not cost. Adding 30% to cost creates a 30% markup but a lower profit margin.
How do I include a marketplace or payment fee?: Enter its percentage under sales commission. The calculator raises the price to cover it without reducing your target margin.
Does the suggested price include tax?: No. The result is shown before tax. Apply the tax required for your business and the transaction.