Crochet Profit Calculator

Materials

Material 1

Labor & Overhead

Profit Margin

Your Prices

Total Cost

$0.00

Retail Price (50% margin)

$0.00

Wholesale Price (1.5x cost)

$0.00

How to price your crochet projects

Pricing crochet is hard because most makers underestimate two things: yarn cost per finished item and the hours that vanish into a single project. A blanket can take 30+ hours; an amigurumi might be 8. If you only charge for the yarn and skip the labor, you're paying customers to take your work home.

Use this formula: (yarn + notions) + (hours × hourly wage) + 10–15% overhead, then multiply by your markup. The calculator above handles the math — your job is to track every skein and time every project for one full month so the numbers stop being guesses.

If your retail price feels too high, the answer isn't lowering the price. It's finding customers who already pay that much for handmade. Etsy crochet listings range from $15 amigurumi keychains to $400+ heirloom blankets — the buyers exist.

Common pricing mistakes for crochet makers

Charging by the skein

Yarn weight varies. A worsted-weight throw uses ~$30 in yarn but takes 25 hours. Pricing by skein cost ignores the bulk of your investment.

Forgetting pattern royalties

If you sell items made from a paid pattern, check the designer's commercial-use policy. Some require attribution, some require a per-item royalty, some forbid resale entirely.

Discounting custom orders

Custom work takes longer than stock items — design time, fittings, color matching, revisions. Charge a 25–50% premium, not a discount.

Worked example: a baby blanket

Line itemAmount
Yarn (4 skeins worsted, $8 each)$32
Hours (20 hrs × $20/hr)$400
Overhead (12% of subtotal)$52
Total cost$484
Retail (50% margin)$968
Wholesale (1.5× cost)$726

If $968 sounds high, that's the gap between hobby pricing and sustainable pricing. Most successful crochet sellers focus on smaller, faster items (hats, scarves, plushies) where the absolute price is more accessible.

Frequently asked questions about crochet pricing

How much should I charge for a crochet hat?

Most adult crochet hats take 3–5 hours and use $5–8 in yarn. At a $20/hr wage with 10% overhead and 50% margin, that's a retail price of $80–$130. Faster makers and bulky-yarn patterns land lower; intricate cables or hand-dyed yarn land higher.

Should I charge by the hour or by the project?

Use hourly internally to set your floor, then quote a project price. Customers don't want to feel like they're paying a meter. But you should always know your effective hourly rate — if it drops below your minimum, raise prices or stop taking that type of work.

Why do my crochet prices look so high compared to fast fashion?

Because they are. A handmade blanket competes with $30 acrylic store-bought blankets in price but with $300+ artisan textiles in quality. Sell on the value, not the cost — sustainability, custom colors, heirloom durability.

Pricing guides for crochet makers

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