Tools
Job-pricing markup calculator
Short answer: markup and margin are not the same number. Markup is profit divided by cost; margin is profit divided by the price the customer pays. A 50% markup is a 33.33% margin, not a 50% margin. This tool prices a job from labor (hours × a true labor rate), materials, and overhead, using the target you enter. It does not invent a “standard” trade markup.
Use a true labor rate from the true-cost calculator or from the cost of hiring your first employee, not just the wage. Then pick markup or margin and set a target you can defend in your market.
Federal overtime here follows the FLSA weekly 40-hour, time-and-a-half rule used in this site’s rate engine. Some states have daily overtime or other rules; this tool does not invent those. Employer taxes use official 2026 IRS and DOL figures. Confirm with your accountant and agencies before you hire or set a price.