Machine Shop Quoting & Cost Calculators

A busy shop can still lose money. Jobs get quoted too low, scrap goes uncounted and the power bill creeps up. These free tools help job shops, small manufacturers and one-person garage businesses put real numbers on their work.

Start with your shop hourly rate. The calculator adds up your overhead, wages and machine costs, spreads them over the hours you can actually bill, then adds your profit margin. Once you know your rate, the production quote tool turns setup time, cycle time, material and quantity into a price per part.

Scrap is a hidden cost. The scrap impact tool shows how many extra good parts you must run just to pay for the scrapped ones. The scrap rebate estimator shows what your chips and offcuts are worth at the recycler. The stock waste analyzer and raw material sizer help you buy the right bar or plate size, and the weight calculator gives material weight for pricing and shipping.

Running costs matter too. Estimate what a machine costs per hour in electricity, size a rotary phase converter and plan tooling spend with the tool life estimator. The coolant calculator helps you mix the sump to the right concentration, which saves coolant and tools.

For laser, plasma and waterjet work, the DXF cut cost estimator prices a part straight from the drawing file.

All of these are estimates. Use your own real costs, update them often and compare each quote with what the job actually took.

14 calculators 2 guides 2 charts

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Calculators

Free, browser-based and no sign-up needed.

Pricing and quoting

Hourly Rate Calc

Calculate your shop's break-even and target profit hourly rates based on total overhead.

Open Calculator: Hourly Rate Calc

Production Quote

Calculate true cycle time and cost-per-part including amortized setup for job quotes.

Open Calculator: Production Quote

DXF Cut Cost Estimator

Quote laser, plasma, waterjet or router parts from a DXF: cut length, pierces, cut time, material and price per part.

Open Calculator: DXF Cut Cost Estimator

MRR Calculator

Calculate Metal Removal Rate for milling and turning operations to optimize chip load.

Open Calculator: MRR Calculator

Material and scrap

Scrap Impact

Visualize how scrap parts erode your profit margins and calculate total financial loss per job.

Open Calculator: Scrap Impact

Scrap Rebate Estimator

Estimate the cash-back value of chips and swarf for a production run based on alloy.

Open Calculator: Scrap Rebate Estimator

Stock Waste Analyzer

Compare finished part dimensions against standard material sizes to minimize waste.

Open Calculator: Stock Waste Analyzer

Raw Material Sizer

Calculate minimum billet sizes by adding facing and workholding grip allowances.

Open Calculator: Raw Material Sizer

Weight & Volume

Estimate the weight of raw stock (plates, bars, or spheres) based on material density.

Open Calculator: Weight & Volume

Running costs and maintenance

Electricity Cost

Calculate the exact energy cost per part based on machine power, utility rates, and cycle time.

Open Calculator: Electricity Cost

Phase Converter

Size a Rotary Phase Converter (RPC) for running 3-phase machines on single-phase power.

Open Calculator: Phase Converter

Tool Life Estimator

Calculate when to proactively swap inserts or tools based on cutting time and manufacturer ratings.

Open Calculator: Tool Life Estimator

Coolant Calc

Calculate exact water or concentrate additions to reach your target coolant percentage.

Open Calculator: Coolant Calc

Unit Converter

Quickly convert between Imperial and Metric units for length, weight, volume, and temp.

Open Calculator: Unit Converter

Guides

Reference charts

Frequently asked questions

How do I work out my machine shop hourly rate?
Add up a year of costs, such as wages, rent, power, machine payments, tooling and insurance. Divide by the hours you can actually bill, not the hours the shop is open, then add your profit margin. The Hourly Rate Calculator walks through each step.
How do I quote a machining job?
Price the setup once, then add cycle time at your hourly rate, material, tooling and outside work for each part. Spread the setup over the quantity. The Production Quote tool does this and shows how the price per part drops as the quantity goes up.
How much does it cost to run a CNC machine on electricity?
Multiply the machine's average power draw in kW by the hours it runs and your price per kWh. A machine averaging 10 kW at $0.15 per kWh costs about $1.50 per hour in power. The Electricity Cost tool works this out for you.
What does scrap really cost?
More than the material. A scrapped part also loses its machine time and labor, and the profit from good parts has to cover it. The Scrap Impact tool shows how many extra good parts you need to run to pay for the loss.