The CalculatorCrave renovation cost calculator can help you estimate the total cost of your project. Simply input the necessary details such as the labor cost, markup percentage, desired materials, and any additional services needed, and the calculator will provide you with an accurate estimate including tax charged.

Accurate renovation cost factors

• Labor Cost = Total hours required for renovation * Hourly labor rate
• Materials Cost = Cost of all materials required for renovation
• Permit Cost = Cost of obtaining necessary permits for renovation
• Other Costs = Any additional costs such as disposal fees, rental equipment, etc.
• Markup Percentage = Percentage added to cover overhead and profit margin
• Tax rate depending on the location

What is a markup percentage ?

Markup Percentage in home renovation cost refers to the amount added on top of the original cost of materials or labor to cover the contractor's overhead costs and profit. This percentage is typically calculated as a percentage of the total cost and can vary depending on the project and contractor. For example, a contractor may add a 20% markup on materials and labor to cover their expenses and earn a profit.

Sales tax Canada province by province

1. Alberta - 5%
2. British Columbia - 7%
3. Manitoba - 5%
4. New Brunswick - 15%
5. Newfoundland and Labrador - 15%
6. Northwest Territories - 5%
7. Nova Scotia - 15%
8. Nunavut - 5%
9. Ontario - 13%
10. Prince Edward Island - 15%
11. Quebec - 9.975%
12. Saskatchewan - 6%
13. Yukon - 5%

Sales tax United States state by state

Alabama - 4%
Alaska - 0% (localities may impose a local sales tax)
Arizona - 5.6%
Arkansas - 6.5%
California - 7.25%
Colorado - 2.9%
Connecticut - 6.35%
Delaware - 0%
Florida - 6%
Georgia - 4%
Hawaii - 4%
Idaho - 6%
Illinois - 6.25%
Indiana - 7%
Iowa - 6%
Kansas - 6.5%
Kentucky - 6%
Louisiana - 4.45%
Maine - 5.5%
Maryland - 6%
Massachusetts - 6.25%
Michigan - 6%
Minnesota - 6.88%
Mississippi - 7%
Missouri - 4.23%
Montana - 0%
Nebraska - 5.5%
Nevada - 6.85%
New Hampshire - 0%
New Jersey - 6.625%
New Mexico - 5.125%
New York - 4%
North Carolina - 4.75%
North Dakota - 5%
Ohio - 5.75%
Oklahoma - 4.5%
Oregon - 0%
Pennsylvania - 6%
Rhode Island - 7%
South Carolina - 6%
South Dakota - 4.5%
Tennessee - 7%
Texas - 6.25%
Utah - 4.7%
Vermont - 6%
Virginia - 4.3%
Washington - 6.5%
West Virginia - 6%
Wisconsin - 5%
Wyoming - 4%