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True Trade Cost

Woodworking Pricing Calculator for Furniture Makers

Price every table, bench and commission from your own lumber and shop hours, so every piece pays you.

One-time download for Excel and Google Sheets.

Watch it price the example job, start to finish (2:37)

This woodworking pricing calculator is a spreadsheet that builds your quote price from your own costs. It is a one-time download for Excel and Google Sheets.

Price tables, benches and custom commissions from your own shop costs

You enter what your woodshop costs to run one time. From then on, each piece is priced from your lumber, your machines and your hours, not from what a maker online charges.

  • Know what a shop hour really costs Shop rent, dust collection, blades, insurance and your own wage become one break-even rate per billable hour, plus a rate for each machine.
  • Price the whole build, not just the wood Milling, cutting, joinery, glue-up, sanding, finish and any outside work like a metal base each get their own line.
  • Quote one piece or a matching set You get the price for one table and for 2, 4 or 8 of them, so setup is spread fairly on bigger orders.
  • Get paid for the hours around the build Design, calls, lumber runs and delivery sit on a checklist that has to be answered before the quote is ready.
  • Hand over a proper quote A one-page customer quote with the approved design, the deposit and furniture terms, ready to print or save as a PDF.
  • Learn which pieces earned their keep The Job Log holds every quote, won or lost, with the hours each piece really took.
Woodworking & Furniture Pricing Calculator$49.95
Buy now
  • One-time payment, no subscription
  • Instant download
  • Excel and Google Sheets

How it turns board feet and bench hours into a furniture quote

Six tabs take you from your shop's yearly bills to a quote the customer signs. You set up the shop once, update lumber prices when the yard changes them, and build one quote per piece.

  1. Start HereWhich cells a woodshop fills first and what the yellow, grey and red cells mean. Expect one evening of setup.
  2. Shop SetupRent, power, dust collection, blades and bits, you and any helper, and your jointer, planer, table saw and sander, worked into one break-even rate plus a cost per machine hour.
  3. Price ListWalnut, oak and maple by the board foot, plywood by the sheet, finish by the quart, glue, sandpaper and hardware, each with the date you last checked the price.
  4. QuotePick the lumber, list the build steps with their minutes and machines, answer the checklist, and read the price for one piece and for larger batches.
  5. Customer QuoteOne page for the customer or designer: the piece, the price, the deposit and your terms.
  6. Job LogQuoted hours next to real hours for every table and bench, so the next quote is closer.

What is a break-even shop rate? It is what each billable hour in your shop has to bring in to pay your wages, rent, dust collection, blades and every other yearly cost, before any profit. Hours spent sweeping, sharpening and fetching lumber aren't billable, so the rate sits well above what you pay yourself. The true hourly rate guide walks through it.

Prefilled example built-in

The file comes filled in with a made-up furniture shop and its $2,027 coffee table quote, so you see a finished quote before you type in your own numbers.

The shop is an owner and one woodworker, and it has to bring in $58.29 per billable hour to break even. Its sample piece is a 48 by 24 by 18 inch walnut coffee table with a thick solid top, breadboard ends, tapered legs and an oil finish, built to an interior designer's drawing and delivered.

AB
1 Part of the price Amount
2 Walnut, finish, hardware and bench time $1,103
3 Easy-to-miss costs $446
4 Markup, cushion and profit $478
5 Price to the designer $2,027

The $478 stays in the shop after every cost, both wages included, and the table earns about $87.26 per labour hour over roughly 17 hours of work. The hours around the build add almost as much as the walnut does. The step-by-step version is on how to charge for woodworking projects.

$446

That is what the easy-to-miss lines alone added to this one example quote. It is about 8 times what the calculator costs. Miss them once and the file has paid for itself.

Woodworking & Furniture Pricing Calculator$49.95
Buy now
  • One-time payment, no subscription
  • Instant download
  • Excel and Google Sheets

Why pricing furniture by what you'd pay for it loses money

A lot of makers add up the lumber bill, picture themselves as the buyer, and cut the number because they would never spend that much on a table. But the people who buy custom furniture are not shopping like woodworkers. They are paying for the design, the wood and the hours, and many of them expect a real price.

Picture a coffee table priced at $600 because that felt fair. If the walnut and finish cost $475 and the table takes 17 hours, that leaves $125, or about $7.35 an hour, before rent, blades or the dust collector are paid. Sold through a designer, who marks it up again, the maker gets the smallest share of the final price.

This calculator starts from your shop's real rate and your real lumber cost, then shows the price at the end. You know what the number covers before you say it out loud, so there is less temptation to knock it down.

Design time, lumber runs and the other build costs it catches

The Quote tab won't mark a quote ready until each of these lines has a Yes, No or N/A:

  • Design, drawing and cut list, the hours before a board is cut.
  • Calls, emails and invoices, the back and forth with the customer or designer.
  • The lumber yard trip and picking boards. Left as No in the example on purpose, so you see the file flag it until you add your own time.
  • A finish sample board the customer approves before the top gets oiled.
  • The miscut, the bad board, the extra stick of lumber.
  • Delivery: blankets, wrap, loading, the drive and carrying a heavy table into the room.

Exactly what you get

One .xlsx spreadsheet, downloaded the moment you pay. It works in Microsoft Excel and Google Sheets, and there is no app, login or subscription.

  • The six-tab calculator, set up for furniture and small-batch woodwork.
  • A complete sample furniture shop, with the walnut coffee table quote to study first.
  • Furniture customer terms you can edit, covering what the deposit buys, wood movement, and changes after the approved drawing being priced as a change order.
  • A Job Log of quoted against real hours, the habit behind job costing.

How it compares

Most owners price a job one of these ways. Here is what each one gives you.

Copying another company's priceA free estimate templateEstimating softwareThis calculator
Starts from your own costsNoNoVariesYes
Makes you answer the easy-to-miss costsNoNoVariesYes
Shows which jobs made moneyNoNoVariesYes
Works in Excel and Google Sheets–YesNoYes
CostFreeFreeUsually a monthly fee$49.95 once

Who it's for: custom furniture makers and small woodshops

It fits one- to 15-person woodshops and custom furniture makers building tables, benches, beds, shelving and cabinets to order, and Etsy or market sellers who want to see what a piece earns after fees. A weekend maker selling cutting boards or a two-person shop building dining sets for designers, it works the same way, because the wood prices, hours and costs in it are yours.

It is not for production shops already running estimating software, anyone who only wants a free cut-list or board-foot calculator, or furniture flippers pricing thrift finds by what the market pays. To check your shop rate first, try the free true hourly rate calculator.

Stop pricing furniture by what you would pay for it. Price every piece from your own lumber, bench hours and the time around the build, and see which pieces made money.

Woodworking & Furniture Pricing Calculator

$49.95 one-time

Buy now and download
  • One-time payment, no subscription
  • Instant download
  • Excel and Google Sheets

Questions owners ask

Is there a subscription?

No. You pay once, download the file straight away, and keep it. There is no app, login or monthly fee.

Is this a woodworking estimate template or a calculator?

Both. The Quote tab works out the price of a piece from your lumber, bench and machine hours and the lines around the build, and the Customer Quote tab turns it into a one-page quote with furniture terms. A free template only gives you the blank form.

Is there a free woodworking pricing spreadsheet download?

Not this one. It is a paid file, and the free true hourly rate calculator on this site is the free part: it works out the shop rate the spreadsheet builds on.

Can I price hardwood by the board foot?

Yes. Hardwood goes on the Price List per board foot, and sheet goods, finish and hardware go in the way you buy them. Put in your lumber yard's prices and every quote picks them up.

Can I quote a set of chairs or four matching tables?

Yes. The Quote tab prices one piece and three bigger quantities side by side. The sample walnut table drops from $2,027 for one to $1,513 each for eight, because the setup happens once.

Does it work for Etsy items like cutting boards?

Yes. It fits anything built to order or in small batches, and a selling-fees line shows what an Etsy or card sale really leaves you.

How long does the woodworking pricing calculator take to set up?

About one evening. You enter your shop's yearly costs, your machines and your lumber prices once. After that, a new furniture quote is the board feet, the minutes for each build step and the checklist.

I'm not good with spreadsheets. Can I still use it?

Yes. You type only in the yellow cells, like board feet of walnut or minutes at the planer. Grey cells do the math, and a red cell warns you when a lumber price is old or a checklist line is unanswered.

Every piece I build is different. Will it still work?

Yes. Nothing in it is a fixed price per table or per board foot. A cutting board and a dining table each get their own lumber, build steps and machine time, so a one-off commission is priced from what it really takes.