Carpentry Hub All tools

Project Planning

DIY vs Buy-it Cost Calculator

Decide whether to make it yourself or buy it — by your hourly rate, materials, and tool amortization.

Calculator

What makes this different

Most 'DIY vs buy' calculators only compare material cost to retail price. This one adds three real costs: your time at an hourly rate, tool wear/amortization, and finishing materials. It also outputs a 'break-even retail price' you can take to the store.

Who it's for & when to use it

Deciding if it's worth building a dining table, cabinets, or a simple bookcase; pricing a job.

How to use

  1. Enter the dimensions of your material or the parameters of your project.
  2. Adjust the optional knobs (waste factor, kerf, planer allowance) to match your shop practice.
  3. Click Calculate and read the output. Use the per-item breakdown for ordering, the totals for budgeting.
  4. Compare the result to your lumber yard's quote — the effective $/BF column is the apples-to-apples number.

Formula: DIY total = material + (hours × hourly) + tool_amort + finish. Worth-it factor = DIY total / retail price (under 1.0 = DIY wins on cost alone).

Notes & tips from the shop

  • Your 'hourly value' is what your time would earn elsewhere — or the pain threshold for working on the project. Don't inflate it to make DIY always win.
  • Tool amortization should be a fraction of the project's life: a saw used for one project is , not .
  • Some DIY wins are about fit, finish, or joy — none of which this calculator captures. Use your own judgment for those.

Frequently asked questions

What hourly rate should I use?

Whatever you would earn if you were doing something else. if it's pure recreation; your day rate if it's a side hustle.

Should I include finishing time?

Yes — finishing can be 30–50 % of project time on a furniture build.

What about intangible value?

Pride, fit, customization — these favor DIY. The calculator is the cold-cost side; weigh the warm side separately.

Limitations

Does not value learning, customization, or pride. Pure cost-benefit only.

All calculations happen in your browser — nothing you type is sent to a server.