Test Calc1

Trade
SOC / Wage Level
Crew Size
Labor Cost per Hour (crew)
Overhead per Hour (shop)
Total Cost per Hour Before Profit
Net Profit Target
Recommended Billing Rate per Hour
Estimated Job Total
Overhead Assumption

FairLaborWage Contractor Cost Calculator

Uses BLS-based wages + typical monthly overhead & reasonable net profit for 1–3 person shops.

1. Select Trade / Small Contractor Type

SOC Code:
Median Wage (Good Job):$ /hr
Top 25% Wage (Great Job):$ /hr
Top 10% Wage (Outstanding Job):$ /hr

Monthly Overhead Range:
Low: $ /mo
Typical (Mean): $ /mo
High: $ /mo

2. Choose Wage Level for This Job

Good Job (Median) Great Job (Top 25%) Outstanding (Top 10%)

3. Choose Overhead Level for This Job

Lean overhead Typical overhead High overhead

4. Estimated Labor Hours for This Job (crew total)

5. Number of Workers on This Job

6. Billable Crew Hours per Month (for overhead) (e.g., ~120 hrs/month of paid work time)

7. Target Net Profit on Jobs (%) (Default is midpoint of “reasonable” range for this trade. Adjust if needed.)

FairLaborWage Contractor Cost Calculator