How do you price art by the inch?
Multiply the painting’s width by its length to arrive at the total size, in square inches. Then multiply that number by a set dollar amount that’s appropriate for your reputation. I currently use $6 per square inch for oil paintings. Then calculate your cost of canvas and framing, and then double that number.
What should an artist charge per square inch?
Price your art proportionately. Obtain your square inch price by multiplying length times width and dividing your selling price by the total number of square inches. For example, a 12″ x 16″ painting that you sell for $400 will cost $2.08 per square inch.
How much should I charge for my art?
Pay yourself a reasonable hourly wage, add the cost of materials and make that your asking price. For example, if materials cost $50, you take 20 hours to make the art, and you pay yourself $20 an hour to make it, then you price the art at $450 ($20 X 20 hours + $50 cost of materials).
How do you price art for beginners?
So, if a piece took you 10 hours to make, you want to get $15 per hour, and the materials cost you $45, you could use $195 as your starting point (10 times 15, plus 45). Cost of materials would include your canvas, paper, paint, ink, and so forth.
How do you determine the value of art?
Consider one of these 3 straightforward formulas for pricing your work:
- FORMULA 1: Square Inch × Dollar Amount.
- Example for a painting with a width of 18 inches, a length of 24 inches, a square inch multiplier of $4, and a material cost of $100:
- FORMULA 2: (Hourly Wage × Hours Spent) + Cost of Materials.
How do artists price their paintings?
Think about a reasonable hourly wage and the cost of materials when pricing your art – that includes framing and shipping, if applicable. The US Dept. of Labor lists the average hourly wage for a fine artist as $24.58—use this to help you estimate.
How do you sell expensive art?
The work can be sold in a variety of ways. In addition to online auctions, brick-and-mortar auction houses, consignment galleries, online art sites, and private dealers are also options. It’s possible to set up your own gallery or website, especially if you’re offering the work of more than one artist.
Do you price your art by the square inch?
But there were a few artists who priced by the square inch which helped them to create consistency between sizes. I think the most important thing about pricing your art work is to work out your prices carefully, have a system for pricing different sizes and once that’s done, don’t waffle on the price.
What goes into the price of Art?
There is a lot that goes into pricing art. If the time, materials, and tools are the three factors of the cost of a work of art, pricing artwork would be effortless. However, it is not that simple. Some people say it is as much of an art as science.
What is the art pricing calculator based on?
This art pricing calculator is based on the linear-inch pricing model. Simply choose a cost per linear inch and the size of your canvas, and follow the examples below to figure out how much your piece would cost.
How much should I charge for my art work?
Your hourly rate equals 20 dollars per hour. It took you ten hours to create the piece. The cost of materials and other expenses equal $75.00. You will charge $275.00 for the piece of art you have created. The cost of materials will include canvas, paper, graphite, charcoal, paint, ink, frames, etc.