Woodworking Shop Hourly Rate Calculator – Tool Costs, Monthly Shop Costs, Billable Hours, Pay Goal & Hourly Rate
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Woodworking Shop Hourly Rate Calculator – Tool Costs, Monthly Shop Costs, Billable Hours, Pay Goal & Hourly Rate
Find Your Shop’s Hourly Rate — Tool costs, monthly expenses, billable hours, pay goal, and hourly rate
A woodworking shop hourly rate calculator. Enter the cost and expected life of up to 4 major tools, monthly rent and utilities, blades and sandpaper, insurance and software, billable shop hours, and the pay you want per hour to see tool costs per year and month, shop cost per hour, and the hourly rate to charge.
What This Spreadsheet Calculates
- Annual cost per tool
- Monthly cost per tool
- Total tool cost per month
- Monthly shop costs
- Shop cost per hour
- Pay plus shop cost
- Hourly rate to charge
- Rate breakdown in Status
A tool's purchase cost and shop expenses need to fit into the hours you can bill.
Cover the shop. Pay yourself.
Each purchase comes with a .xlsx spreadsheet compatible with Microsoft Excel, Google Sheets, and Numbers. Enjoy free updates for every spreadsheet you own. You'll be notified when a file is updated, and you can download the latest version anytime from your account page.
This is a one-time payment, so you pay once and own the spreadsheet forever. You can download the original file anytime, and future updates are included at no extra cost!
We offer a 7-day money-back guarantee. If you feel our spreadsheets aren't providing the pricing calculations you need, we'll refund your purchase—no questions asked!
Need More Than One Spreadsheet?
The Craft Calculators Lifetime Spreadsheet Vault includes 323 spreadsheets across 29 categories — soap and bath, crochet and knitting, machine embroidery, home bakery, candle making, pricing, labor costs, HTV, balloon decor, paper crafts, jewelry, Etsy fees, digital products, and more. One-time payment. Lifetime access. Free future updates.
