1. Your true hourly cost
2. Parts markup tiers
Marginal, like tax brackets: each slice of a job's parts cost earns its own markup. The last tier has no ceiling.
| Parts cost up to ($) | Markup (%) |
|---|---|
| Above that |
3. One job
Flat-rate price
| Line | Value |
|---|
Parts markup, slice by slice
| Parts cost slice | Amount | Markup | Markup $ |
|---|
If the job runs longer than planned
| Hours worked | Your cost | Profit on the flat price | Margin |
|---|
Flat rate against time and materials
| Hours worked | Time-and-materials bill | Your profit, T&M | Flat price | Your profit, flat |
|---|
4. Price-book builder
Each row is priced with the shop numbers and markup tiers above. The starting rows are invented examples; replace them with your own jobs and your own hours.
| Job | On-site hours | Travel hours | Parts cost ($) | Flat price | Margin |
|---|
What's recognised
| Input | Handling |
|---|
More: How to build a plumbing flat-rate price book and this calculator vs. time and materials.
Common questions
How do I work out a flat-rate price for a plumbing job?
Take your true cost per billable hour, multiply by the hours the job takes including travel, divide by one minus your target margin, then add the parts at cost plus a tiered markup and round up. On the default numbers a 2.75-hour job with $120.00 of parts at a true cost of $100.00 an hour prices at $595.00, which leaves $200.00 (33.6%). Enter your own figures; the defaults are invented.
What is my true cost per hour as a plumber?
Your loaded wage spread over the hours you can actually bill, plus truck, insurance, tools and overhead over the same hours. On the defaults that is $70.00 for wages and burden plus $30.00 of truck, insurance, tools and overhead, $100.00 for every billable hour, because only 1,300 of 2,080 paid hours are sold.
What should my minimum callout price be?
The travel time plus your shortest visit, at true cost and your margin, rounded up. On the defaults that is 1.25 hours and $180.00 before any parts.
Is a flat rate better than time and materials?
It depends on how reliably you estimate hours. On the defaults the flat price of $595.00 leaves $200.00 if the job goes to plan, $62.50 if it runs 50% long and loses $75.00 at double the time; time and materials at $135.00 an hour keeps earning as the clock runs but the customer bears the overrun. Neither is advice; it is arithmetic on the numbers you type.
Is this advice or a price guide?
No. It does arithmetic on the numbers you type. Prices, costs and hours are yours to check, nothing is uploaded, and it is not business, tax, legal or licensing advice. Check your local licensing and permit rules and any rules on written estimates.