CalcKit

Project Price Calculator

Build a quote from your hours, rate, expenses and contingency.

Enter your values

Your agreed or target billing rate.

Include research, revisions and delivery.

Costs specific to this project.

Extra percentage of labor plus expenses.

Result

Estimated project price$1,210.00
Labor
$1,000.00
Expenses
$100.00
Contingency
$110.00

This quote adds a contingency to labor and direct expenses. Sales tax, platform fees and profit targets beyond your hourly rate are not automatically included.

Calculated in your browser. Share links include the values you choose to share.

Formula

Project price = (Hourly rate × Hours + Expenses) × (1 + Contingency / 100)

Worked example

20 hours at $50/hour, $100 of direct expenses and a 10% contingency.

Labor is $1,000, contingency is $110 and the total quote is $1,210.00.

How to use

  1. Enter your rate and estimate all project hours.
  2. Add direct expenses and a contingency percentage.
  3. Calculate, then check your scope, payment terms and taxes before quoting.

Related calculators

Freelance RateSet an hourly rate around your income, expenses and billable time.MarkupCalculate how much your selling price adds to your cost.Profit MarginFind your gross profit and the share of revenue you keep.

Frequently asked questions

Is contingency the same as profit margin?

No. Contingency is an extra buffer on estimated costs. A profit margin is profit as a share of selling price.

Where should revisions go?

Include expected revision time in estimated hours. Use contingency for uncertainty and state how extra revisions will be charged.