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Project estimate calculator

Turn your labor, materials and other costs into a clear project estimate. Choose your own markup, tax and deposit, then see exactly how the numbers add up.

Build your estimate

All amounts use the selected currency. Changing it does not convert values.

1. Your costs

Other costs can include travel, equipment or subcontractors. Leave unused fields blank.

2. Pricing and payment

Markup is added to all base costs. It is not profit margin. If your hourly rate already includes profit, avoid adding it twice.

Tax is applied to the full subtotal after markup. Use tax-exclusive costs and confirm which rate and items are taxable for your project.

No AI calls. Your figures are calculated in this browser and are not saved by this tool.

How the project estimate is calculated

  1. Multiply labor hours by cost per hour.
  2. Add materials and other costs.
  3. Add your markup percentage to those base costs.
  4. Apply optional tax to the subtotal.
  5. Calculate an optional deposit from the final total.

Amounts are rounded to two decimal places at each step. A 20% markup is not a 20% profit margin: adding 20 to a cost of 100 gives a price of 120 and a margin of about 16.67%, before any other expenses.

What should I check before sharing?

Confirm the scope, quantities, exclusions, schedule and applicable taxes. This simple calculator uses one tax rate for the whole project and does not account for mixed tax rates or exemptions. An estimate is only as reliable as the costs you enter.

Make the estimate part of a complete proposal

ScopeMic helps turn voice notes or written job details into a proposal you can review, edit and share. Read our guide to itemized proposal pricing or learn how to create proposals from voice notes.