Unit Price Estimator Calculator
Cost per unit from labor, material, equipment, and overhead.
Inputs
Results
Bid Unit Price ($)
$83.16
≈ 6 movie tickets
Total Bid Amount ($)
$8,316.00
≈ 8 smartphones
How to Use This Calculator
- Enter the labor hours per unit and burdened labor rate per hour for this work item.
- Enter the material cost per unit including delivery and waste, and the equipment cost allocated per unit.
- Enter any subcontractor cost per unit if that portion of work is subcontracted.
- Set the overhead percentage (combined job-site and home office, typically 8–18%) and profit percentage.
- Enter the total quantity for this line item.
- Read the fully loaded bid unit price and total bid amount for the line item, plus labor/material/equipment breakdown percentages.
How the result changes with Labor Hours / Unit
| Labor Hours / Unit | Bid Unit Price ($) | Total Bid Amount ($) |
|---|---|---|
| 100 | $8,051.12 | $805,112.00 |
| 350 | $28,071.12 | $2,807,112.00 |
| 650 | $52,095.12 | $5,209,512.00 |
| 900 | $72,115.12 | $7,211,512.00 |
What each input means
- Labor Hours / Unit
- Worker-hours required per unit of work.
- Burdened Labor Rate ($/hr)
- Fully burdened labor rate including wages, taxes, insurance, and benefits.
- Material Cost / Unit ($)
- Material cost per unit including delivery and waste.
- Equipment Cost / Unit ($)
- Equipment ownership or rental cost allocated per unit.
- Subcontractor Cost / Unit ($)
- Subcontractor cost per unit (if applicable).
- Overhead (%)
- Combined job-site and home office overhead percentage (typically 8–18%).
- Profit (%)
- Target profit percentage (typically 5–15%).
- Total Quantity
- Total number of units for this line item.
What each result means
- Labor / Unit ($)
- Labor cost component per unit.
- Direct Cost / Unit ($)
- Sum of labor, material, equipment, and sub per unit.
- Overhead / Unit ($)
- Overhead allocated per unit.
- Profit / Unit ($)
- Profit per unit.
- Bid Unit Price ($)
- Fully loaded bid price per unit including overhead and profit.
- Total Direct Cost ($)
- Direct cost for the entire quantity.
- Total Bid Amount ($)
- Total bid line item amount (unit price x quantity).
- Labor % of Direct
- Labor as a percentage of direct costs.
- Material % of Direct
- Material as a percentage of direct costs.
- Equipment % of Direct
- Equipment as a percentage of direct costs.
- Combined Markup (%)
- Total markup (overhead + profit) as a percentage of direct costs.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersLabor Hours / Unit = 0.5, Burdened Labor Rate ($/hr) = 65, Material Cost / Unit ($) = 25, Equipment Cost / Unit ($) = 10 = 8 input(s) provided
- Calculate Bid Unit PriceBid Unit Price = costPerUnit + profitPerUnit83.16 = $83.16
- Calculate Total Bid AmountTotal Bid Amount = bidUnitPrice * totalQuantity8316 = $8,316
- Calculate Labor / UnitLabor / Unit = laborHoursPerUnit * laborRate32.5 = $32.5
- Calculate Direct Cost / UnitDirect Cost / Unit = laborCostPerUnit + materialCostPerUnit + equipmentCostPerUnit + subcontractor...67.5 = $67.5
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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