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Free tools/Menu Pricing Calculator
Free menu pricing calculator

Price the menu
like you mean it.

Enter what a plate costs to make and your target food cost percentage — get a menu price with margin, markup, and charm-price rounding built in.

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Price a menu item

$16.49Suggested menu price
70.0%Gross margin
233%Markup on cost

Exact price before charm rounding: $16.17. Quick-service typically targets 25–30%; full-service 28–35%.

How to price a menu item

The standard method is cost-based pricing: divide the plate cost by your target food cost percentage. A $4.85 plate at a 30% target prices out to $16.17 — which you'd round to $15.99 or $16.49 on the menu. (Don't know your plate cost yet? Start with the food cost calculator.)

Cost is the floor, not the price

Cost-based pricing keeps you from losing money, but the ceiling is set by perceived value: what the dish looks like, what competitors charge, and where it sits on the menu. High-demand signature items can carry a lower food cost percentage; commodity items (wings, fries) get compared across town, so they can't.

  • Charm pricing — $15.99 reads meaningfully cheaper than $16; whole-dollar pricing reads upscale.
  • Anchoring — one premium item at the top of a section makes everything under it feel reasonable.
  • Menu engineering — push high-margin “stars,” re-price or re-plate popular low-margin items.

One more thing: if a third-party marketplace takes 20–30% of the ticket, your effective food cost on those orders explodes. Many operators raise marketplace prices 15–20% and keep direct ordering at menu price — guests get the better deal on your own channel, and your margins survive.

Keep more of every order

Get the operator margin playbook — food cost targets, pricing moves, and win-back flows that pay for themselves. One or two emails a month, no spam.

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FAQs

Frequently asked
questions

What formula do restaurants use to price menu items?
Divide plate cost by target food cost percentage. A $5 plate at a 30% target prices at $16.67, usually rounded to a charm price like $16.49 or $16.99.
Should every item have the same food cost percentage?
No. Signature items with real demand can run richer margins, while comparison items like wings or burgers may need slimmer ones. What matters is the blended margin across what actually sells.
Should I price differently on delivery apps?
Most operators mark up marketplace menus 15–20% to offset commissions, and keep their own direct ordering channel at regular price so guests have a reason to order direct.
How often should I re-price the menu?
Review quarterly, and re-check any item whose main ingredient moved more than ~10% in cost. Small, regular adjustments beat one painful jump.

Ready to own every order?

Talk to our team — we'll map your POS, design your storefront, and ship it in two weeks.

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