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Food cost calculator: food cost percentage and menu price

The short answer

Food cost percentage is the cost of a dish’s ingredients divided by its menu price. A dish costing $4.50 to plate that sells for $16 has a 28.1% food cost. To find a price, divide the plate cost by your target: at 30%, that’s $4.50 ÷ 0.30, or $15.00. Pick the target that fits your own costs.

Enter what a plate costs you. You’ll see your food cost percentage now, and the price that would hit your target.

The dish

Every ingredient at the amount used, with what’s lost in trimming and cooking.
An example. Yours depends on your rent and labor.

Food cost

28.1%

Menu price for your target
$15.00
Left after food, at this price
$11.50

How it works

  • Food cost % = plate cost ÷ menu price × 100.
  • Menu price = plate cost ÷ (target % ÷ 100).
  • Left after food = menu price − plate cost.
Menu price for a $5.00 plate
Target food costMenu price
25%$20.00
28%$17.86
30%$16.67
33%$15.15
35%$14.29

Getting the plate cost right

Add every ingredient at the amount used, plus sauces, garnish and what’s lost in trimming and cooking. Update it when your supplier’s prices change. Food cost is one number: check that labor and rent still leave you a profit with the break-even calculator.

Common questions

How do you calculate food cost percentage?
Divide the cost of the ingredients by the menu price and multiply by 100. A $4 plate selling for $14 is about 28.6%.
How do I price a menu item?
Divide the plate cost by your target food cost percentage. A $5 plate at a 30% target is $16.67. Then check it against what the market will pay.
What’s a good food cost percentage?
It varies by the kind of place, and your own rent and labor decide what you can carry. Work out what yours needs to be with the break-even calculator rather than borrowing someone else’s number.
How do I work out food cost for the whole restaurant?
Use beginning inventory + purchases − ending inventory, divided by food sales for the same period.

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