Project Budget Calculator

Project Budget Calculator — Calculate and Track Your Project Costs

Calculate and track your project budget with our comprehensive calculator. Estimate labor, materials, contingency costs, and create detailed budget breakdowns for any construction or renovation project.

Step 1: Project Specifications

Project Name (Optional)

Project Duration (Weeks)

Project Type

Project Size (Square Feet)

Project Budget Planning

A well-planned budget helps avoid cost overruns. Include a 10-20% contingency for unexpected expenses. Track labor, materials, permits, and equipment costs separately.

Step 2: Cost Breakdown

Labor Cost ($ per hour)

Labor Hours (per week)

Material Cost ($)

Other Costs ($ – permits, equipment, etc.)

Contingency Percentage (%)

15%

Show detailed cost breakdown

Show budget visualization chart

Budget Management Tips

Always include a contingency for unexpected costs. Labor typically accounts for 30-50% of construction budgets. Track expenses weekly and adjust as needed.

Budget Analysis Results

Summary

Cost Breakdown

Project Comparison

Total Project Budget

$15,525

For 8-week deck construction project

Labor Cost

$5,200

Material Cost

$4,500

Other Costs

$1,200

Contingency

$1,625

Detailed Cost Breakdown

Labor Cost (65 × 40 × 8 weeks) $5,200

Material Cost $4,500

Other Costs (permits, equipment, etc.) $1,200

Subtotal (Before Contingency) $10,900

Contingency (15%) $1,635

Total Project Budget $12,535

Project Type Cost Comparison

Project Type	Avg. Cost per Sq Ft	Typical Duration	Labor % of Total

Budget Calculation Formula

Total Budget = (Labor Cost + Material Cost + Other Costs) × (1 + Contingency %)

Labor Cost = Hourly Rate × Hours per Week × Project Duration (weeks)

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