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CrafterBy

Jewelry Making cost & pricing calculator

$8.40 in silver.
The finished ring?
$61.50 to make.

You know what went into that ring. Now know what it costs.

A gemstone, solder, finishing and 75 minutes at the bench make up the difference in this worked example. CrafterBy helps you calculate your own piece.

Calculate my first product

Start free · Create an account, then add one product

Explore the cost example first
A jeweler's bench with silver rings, gemstones, and fine tools under focused light.
Made by you.Your price should include your work.

From making it to selling it

The ring is finished. The price is still a question.

Someone notices your ring and asks if you sell them. You can name the stone and explain the setting. Then comes the price. You remember the silver order, but not every minute spent making the piece feel right on a hand. Turning your work into a sale means bringing those details into the number.

Start with the ring you actually made. Put the metal, stone, findings, consumables and bench time together in CrafterBy. A beautiful finish can hide the effort. Your product cost should make that effort visible before you decide what to charge.

01 / Follow the work behind the price

The costs are specific.
Your calculation should be, too.

Start with the parts of your process that are easiest to leave out. Give each one a place in the cost of your finished product.

01

The metal price you remember may belong to an old order.

Precious-metal suppliers price products using factors including metal value and weight. A saved selling price doesn’t tell you whether the materials behind it still cost the same. A different gauge, chain length or ring size can change the quantity as well.

Put it in your calculation

Keep your material purchase costs in the library and review the quantities before quoting another piece.

02

The stone gets a price. The setting takes your afternoon.

Sawing, fitting, setting and polishing are work, even when you enjoy them. In the fictional example, bench labor is $37.50 of the $61.50 listed cost. The time deserves a line of its own instead of disappearing into a materials multiplier.

Put it in your calculation

Add active bench time at your chosen hourly rate, alongside any equipment costs.

03

A stockist asks for a discount. The making cost stays.

A larger order can change how you organize the work. It doesn’t make the gemstones, clasps or finishing supplies free. Check the proposed price against your own costs before agreeing to a wholesale order or a promotion.

Put it in your calculation

Compare the price and margin, then include the packaging and selling costs that apply to that order.

02 / See what the price leaves you

One finished product.
The cost behind it.

This fictional sterling silver ring with a 6mm stone includes the materials, work and equipment costs listed alongside it. They add up to $61.50. Your own process, purchase prices and hourly rate will change the result.

At $140.00, there’s $78.50 left.

That’s after the costs listed in this example. Any unlisted packaging, fees and other expenses still need to come out of it. Move the price to explore the difference.

Illustrative USD example. Your costs and selling price are yours to choose.

Anatomy of a price

Sterling silver ring with a 6mm stone

Example · USD
Sterling silver, 8 g @ $1.05/g
$8.40
Faceted gemstone (6mm)
$14.00
Solder, flux, finishing consumables
$1.60
Bench labor — fabricate + set (1.25 hr @ $30)
$37.50
Cost in this example
$61.50
$140.00
$30.00Explore a selling price$210.00
Left after listed costs$78.50

56.1% margin
before other expenses

A fictional worked example, not a recommended price. Include any packaging, overhead, selling fees and applicable taxes not listed here before treating the remainder as profit. Changing the price doesn’t predict demand.

Make the next decision with the numbers visible

Give the next piece a starting point.

Save the materials and work behind a familiar design in a product template. When a customer asks for a different stone or chain, review what changes. You already have a place for the parts that stay the same.

That is a more useful answer than remembering last month’s price. You can see the proposed piece, its costs and the margin together. Then make the pricing decision yourself.

Calculate my first product

03 / Put your costs somewhere useful

Know this product’s cost.
Keep it for the next order.

CrafterBy brings materials, active labor and equipment costs into a saved product. Explore the real app below.

Keep sterling silver, gold-fill, gemstones and the other materials you use in one library. Record purchase prices and units, then use them in your product costs. Real app captures below contain sample woodworking data.

Inside CrafterBy / MaterialsActual app
CrafterBy’s Materials Library with unit prices, stock levels and suppliers in a sample woodworking account.

Your materials, organized · Real captures with sample woodworking data; your work uses the same tools.

View full size
Materials

Know what you paid and what you use.

Keep purchase prices, units and waste allowances with your materials. Buying a large pack and using a small amount should be part of the calculation, not another guess.

Product templates

Reuse the work behind the quote.

Save a familiar product’s materials and process as a starting point. Review the quantity, design and active time when the next order is different.

Cost & margin

Compare a price with the costs.

See what remains after the costs you entered. You choose the price; the breakdown helps you judge the work and the order before committing to it.

Before you make the next batch or quote

But another maker sells something similar for less.

You can see their price. You cannot see their supplier order, bench hours or sales costs. Use that listing as market context, without treating it as a calculation for your ring.

If your price feels difficult, examine the design, material choice or making time. CrafterBy helps you review the cost; it doesn’t promise customers will accept a particular price.

Your first step is small

Start with one product.
Build from what you know.

Choose one ring or pendant you have already finished. Create a free account and enter its actual components and working time. Review one selling price before adding the rest of your collection.

Create your free account, add the costs you know, then explore a selling price. Replace estimates with measured numbers as you learn from your own work.

Calculate my first product

Start free. See current plans and limits.

Before you start

Questions from your craft.
Answers you can use.

Does CrafterBy fetch live silver prices?

No. Use the material prices you enter and review them when your buying costs change. Keep the purchase costs behind your next quote up to date in your material library.

Should I count every offcut as lost metal?

Separate unusable waste from metal you keep for another piece. Include a realistic waste allowance, without charging for the same material twice. Don’t assume a future scrap payment has already covered a cost.

Is the margin what I pay myself?

Your making time belongs in labor first. The margin compares your selling price with the costs entered; unlisted fees and other business expenses can still reduce what remains.

I’m only starting to sell. Is this for me?

Yes. You can begin with one product and the materials you already use. Choose one ring or pendant you have already finished. Create a free account and enter its actual components and working time. Review one selling price before adding the rest of your collection. You don’t need a team or a large catalog to start understanding your costs.

Is the money left after these costs all profit?

At a $140.00 selling price, $78.50 remains after the $61.50 of costs listed in this fictional example. Any packaging, overhead, selling fees, shipping you cover or applicable taxes not listed here can reduce that amount. Include your active labor as a cost too; it is separate from the margin left afterward.

Can I try it before choosing a paid plan?

Yes. Create an account and start free with one product. Check the pricing page for current plan features and limits. You can compare the process with your existing notes or spreadsheet before deciding what you need.

Your work deserves a price you understand

Make the product.
Know what it costs.

Start with your materials, your process and your time.
Give the next price a reason behind it.

Calculate my first product

Free to start · Your costs, your price, your decision