Free tool · No login required

Recipe Cost Calculator

Enter your ingredients, set your serves, and see your food cost percentage and ideal sell price — instantly. Includes Australian benchmarks by venue type.

Ingredients

$/kg
$5.40
$/L
$0.67
$/kg
$0.40
$ea
$0.90
Total food cost$7.38
Cost per serve
$3.69

What should you charge?

I know my sell price

$

Enter a price above to see food cost % and margin.

Suggest a price for me

Target food cost %30%
15% (pizza)30% (target)50% (high)
Suggested sell price
$12.29

At 30% food cost with a cost of $3.69 per serve.

Australian benchmarks

What's a good food cost percentage in Australia?

There's no single answer — it depends on your venue type, labour model, and whether you're volume-driven or margin-driven. The table below shows the target ranges used by experienced Australian operators.

Venue typeFood cost %
Fine dining2835%
Casual dining2532%
Café / breakfast2430%
Pizza / fast casual2028%
Catering / events2538%
Pub bistro / RSL2835%

Benchmarks sourced from industry operators across Australia. Food cost % = ingredient cost ÷ sell price × 100. Gross margin = 1 − food cost %.

How to use it

How to calculate your food cost percentage

01

Enter each ingredient

List every ingredient in the recipe and enter how much it costs you to use in that dish — not the price of the full pack, but the cost of what you actually use.

02

Set the number of serves

Enter how many portions the recipe makes. The calculator divides your total food cost by serves to get your cost per plate.

03

Enter your sell price

Type what you charge (or plan to charge) per serve. The calculator shows your food cost %, gross margin, and profit per plate — colour-coded against AU benchmarks.

What does food cost percentage actually mean?

Food cost percentage tells you what proportion of every dollar of revenue is consumed by raw ingredients. A 30% food cost means $0.30 of every dollar you charge goes to food. The remaining 70% — your gross margin — is what you have left to pay labour, rent, utilities, and generate a net profit.

Why does food cost vary so much by venue type?

Different venues have different cost structures. A pizza shop keeps food costs low (20–28%) because dough and sauce are cheap, and volume makes up the margin. A fine dining restaurant accepts 28–35% because premium proteins cost more, but higher sell prices and fewer covers still produce a healthy margin. Caterers often run 30–38% on smaller events, improving at scale.

What about labour and overheads — how do they fit in?

Food cost percentage only captures raw ingredients. On top of that, most Australian hospitality venues budget 30–35% for labour and 5–12% for occupancy (rent + utilities). A well-run venue targets total costs of 75–85%, leaving a net profit of 15–25%.

How often should I recalculate my food costs?

Any time a key ingredient price changes — especially proteins, dairy, and pantry staples that follow wholesale price fluctuations. Most operators do a full review quarterly, with spot-checks whenever a supplier invoice lands. Tools like Chef Pauly update food costs automatically every time you change an ingredient price.

Want this automated?

Chef Pauly calculates this for every dish, automatically.

Update a supplier price once and watch your entire menu recalculate in real time. No spreadsheets. No manual entry. Just accurate food costs, always.

14 days free · all features · no credit card · cancel anytime