How to calculate the cost of a painting?
Price Your Artwork with this Formula 1 Multiply the painting’s width by its length to arrive at the total size, in square inches. 2 My frame, canvas and materials cost me $150.00 (I buy framing wholesale). 3 Then I put it all together: $1,900 + $300 = $2,200 (the retail price). …
How to price fine art and paintings and paintings?
Here are the same canvas sizes using linear inch pricing, using a multiplier of 20 (ie, $20.00 per linear inch) — as you can see, the difference in price feels a lot less out-of whack: 4+4 inches = 8 linear inches x 20 = $160
How much does a 32 inch painting cost?
32+32 inches = 64 linear inches x 20 = $1,280 Neither of these pricing methods is “right” or “wrong,” but once you determine your method and your multiplier, charging by size can be a very helpful way to eliminate the guesswork, and feel confident about your pricing. Different Pricing for Different Media?
How much does a painting cost at a gallery?
When the painting sells from a gallery, my cut after the 50 percent commission is paid comes to $950 for the painting and $150 for the framing, for a total of $1,100. For much larger pieces, I’ll bring the price per square inch down a notch … maybe a dollar or two lower so that I don’t price my work beyond what my reputation can sustain.
How do you figure out the price of a painting?
So, let’s begin with pricing a medium sized painting – we’ll use a 16×20 work as an example. First, 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. I currently use $6 per square inch for oil on linen paintings.
Here are the same canvas sizes using linear inch pricing, using a multiplier of 20 (ie, $20.00 per linear inch) — as you can see, the difference in price feels a lot less out-of whack: 4+4 inches = 8 linear inches x 20 = $160
What should I consider when pricing my artwork?
When pricing your artwork, there are several factors to consider. We will be looking at pricing artwork at three stages: setting artwork prices for emerging artists, adjusting prices over your art career, and setting prices for exhibitions and events.
How much does an oil painting cost per square inch?
First, 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. I currently use $6 per square inch for oil on linen paintings. A 16”-x-20” painting: = 320 square inches. I price my oil paintings at $6 per square inch.
