Remodeling Pricing Calculator
Price every remodeling job to actually hit your margin. Add materials, labour, and overhead, set the margin you want, and get the number to quote.
Built for remodeling owners who'd rather know than guess. Your numbers stay in your browser.
| Materials | $7,000 |
| Labour | $5,985 |
| Other direct | $0 |
| Total cost | $12,985 |
| Profit at this price | $5,565 |
Pricing to margin (cost ÷ (1 − margin)) hits your number. Adding a flat percentage on top of cost quietly undershoots it.
What you get
Three reasons this earns its place on your desk
Quote to a margin, not a hunch
Enter your real costs and the margin you want, and the calculator returns the price that delivers it.
See where the profit goes
A clean breakdown of materials, labour, overhead, and profit on every job, so nothing hides.
Catch the jobs that lose money
Run a job before you quote it and you will spot the remodeling work that is priced to lose before you sign it.
How it works
The math behind the number
Total your direct costs — materials, labour at its true hourly cost, and other direct items — then divide by one minus your target margin. That markup is what actually hits the margin; adding a flat percentage on top of cost undershoots it.
The defaults
Remodeling benchmarks (2026)
The calculator starts from the 2026 figures sourced below, so the first number you see is realistic, then you replace them with your own.
| Benchmark | Typical value |
|---|---|
| Average job value | $20,000 |
| Gross margin | 29.9% |
| Net profit margin | 6.3% |
| Median field-tech wage | $31.55/hr |
| Payroll burden | 30% |
| Billable utilization | 65% |
| Billed labour rate | $45/hr |
| Close rate | 35% |
| Marketing % of revenue | 8% |
Sources
- NAHB — Home Remodeling Profit Margin Jumps (Remodelers' Cost of Doing Business, 2026 edition; 2024 data: 6.3% net / 29.9% gross)
- NAHB — Remodelers' Cost of Doing Business, 2026 Edition (BuilderBooks product / study source)
- BLS — Occupational Employment and Wages, May 2025 (OEWS news release; Carpenters 47-2031 and Construction Laborers 47-2061 wages)
- BLS OEWS May 2025 release summary — Carpenters median $31.55/hr, Construction Laborers median $25.02/hr
- CountBricks — Residential Construction Labor Rates, U.S. (Feb 2026): carpenter/handyman billed labor rates
- Angi — How Much Do General Contractors Charge Per Hour (2026): $50-150/hr billed labor
- SmartBarrel — Labor Burden in Construction (20-35% typical; remodels 35-45%)
- Projul — What Your Workers Really Cost Per Hour (construction labor burden)
- Hook Agency — What's a Good Closing Rate for Contractors (30-40% best-in-class; <15% poor; referrals 50%+)
- InnerSpark Creative — 2025 Construction & Remodeling Marketing Benchmarks (marketing % of revenue)
- ServiceTitan — Labor Rate Calculator / Billable Hours guide (trade utilization and billable-rate methodology)
- Harvard JCHS — As the Remodeling Industry Has Expanded, So Has Contractor Specialization and Scale (project size context)
Benchmarks pending final verification. The default values are directional until source verification clears.
Get the download
Email me the editable pricing sheet
Get the spreadsheet so you can price every job to margin and keep your defaults current.
FAQ
Common questions
- How should a remodeling contractor price a job?
- Total your direct costs — materials, job labour at its true cost, and any direct overhead — then divide by one minus your target margin. That markup is what hits the margin; adding a flat percentage on top of cost usually undershoots it.
- What is the difference between markup and margin?
- Margin is profit as a share of the price; markup is profit as a share of cost. A 25 percent margin needs about a 33 percent markup. The calculator handles the conversion so you quote the right number.
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