Food Cost CalculatorPlate Cost, Food Cost % & Menu Price

Add your ingredients with purchase prices and the amounts used to get the exact plate cost, a suggested menu price at your target food-cost percentage, the gross profit per plate, and a price table for comparing targets.

Manzoor Ahmad

Built by Manzoor Ahmad, Pharmacist & Calculator Developer · Updated

Uses standard restaurant cost-control formulas (food cost % = plate cost ÷ menu price), as taught in hospitality cost-control texts. Allergen rules from the FDA.

How do you calculate food cost and menu price?

Plate cost is the sum of each ingredient’s cost (purchase price ÷ purchase quantity × amount used). Menu price = plate cost ÷ target food cost %. Most restaurants target 28–35%. A bowl that costs $4.43 at a 30% target should sell for about $14.77, rounded to $14.99, leaving about $10.56 of gross profit per plate.

Cost your dish

Ingredients
ItemBuy priceBuy qtyUsed

Use the same unit for buy qty and used (e.g. both in oz, g or each).

Suggested menu price$13.99$13.47 exact at 30% food cost
Plate cost$4.04
Gross profit$9.95
Markup246%

Price at different food-cost targets

Food cost %Menu priceProfit / plate

Cost breakdown

Benchmarks

Typical food cost percentages by business type

BusinessTypical food cost %Notes
Fine dining28–35%Premium proteins, but high menu prices
Casual dining28–32%The classic 30% benchmark
Quick service / fast casual25–30%Volume plus standardised portions
Pizzeria20–28%Low-cost dough, cheese is the big line
Bakery / café25–35%Drinks pull the average down
Catering25–35%Add labour and delivery separately
Bar (beverages)18–24%Spirits lowest, wine highest
Methodology

The food cost formulas

Ingredient cost = buy price ÷ buy quantity × quantity used Plate cost = Σ ingredient cost ÷ portions ÷ (1 − waste %) Menu price = plate cost ÷ target food cost % Food cost % = plate cost ÷ menu price × 100 Markup % = (price − cost) ÷ cost × 100 Charm pricing = round up to .99 (or .24/.49/.74/.99 under 5)
Worked example

Grilled chicken bowl

  • Chicken 6 oz ($1.87) + rice ($0.24) + broccoli ($0.62) + sauce ($0.50) + ½ avocado ($0.63) + packaging ($0.35) = $4.21
  • With 5% waste, the plate cost is $4.43.
  • At 30% food cost: $4.43 ÷ 0.30 = $14.77, so price it at $14.99.
  • Gross profit per bowl: $10.56, before labour, rent and other overheads.
From a small-business owner

What running a pharmacy taught me about margins

As well as being a pharmacist, I run my own pharmacy. Thin-margin retail teaches the same lesson as restaurants: food cost % alone doesn’t pay the bills, gross profit in money does. A $30 steak at 38% food cost may earn more profit per plate than a $12 pasta at 22%. Track both. Re-cost your menu whenever a key supplier price moves by more than 5%. And remember that waste, staff meals and comped plates quietly add 2–5 points to your real food cost.

On allergens: if you sell food, the US FDA requires the major allergens (milk, eggs, fish, shellfish, tree nuts, peanuts, wheat, soy and sesame) to be declared on packaged items. Many places require them on menus too.

Keep going

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FAQ

Food Cost calculator FAQs

Food cost % = plate (ingredient) cost ÷ menu price × 100. A dish that costs $4 to make and sells for $13.33 has a 30% food cost.

Divide the plate cost by your target food cost percentage. At a $4.43 plate cost and a 30% target, $4.43 ÷ 0.30 = $14.77. Round to a psychologically attractive price such as $14.99, then check it against competitors.

Most restaurants aim for 28–35%. Quick-service businesses and pizzerias often run at 20–30%, while fine dining with premium proteins may reach 35%. Beverages usually run lower (18–24%).

Food cost % compares cost with price, while markup compares profit with cost. A 30% food cost equals a 233% markup. They describe the same price from different directions.

For takeaway and delivery, yes. Containers, lids, cutlery and bags are part of the cost of each plate and often add $0.25–$1.00.

Add a yield or waste percentage. Trimming, cooking loss and spoilage usually add 3–10%. Dividing plate cost by (1 − waste %) builds it into your pricing.

Manzoor Ahmad

Manzoor Ahmad

Pharmacist · Supplement & Nutrition Writer (9+ yrs) · Calculator Developer (13+ yrs)

I’m a pharmacist, I own and run a retail pharmacy, and I build DexoCalc’s calculators. Pricing on thin margins is something I deal with every week. This food cost tool goes beyond ‘divide by 30%’: it builds in waste, uses charm pricing and shows the profit per plate in money, which is what actually covers the rent.

About the author · LinkedIn

References

  1. National Restaurant Association. Research & industry data.
  2. FDA. Food Allergies: What You Need to Know.
  3. Dopson LR, Hayes DK. Food and Beverage Cost Control, 7th ed. Wiley; 2019.

Note: This tool estimates ingredient-based pricing only. Labour, rent, utilities, card fees and taxes must also be covered by your prices. It is not financial or legal advice.