Menu Item Costing and Price-Per-Plate Calculator
Works out what one plate of a menu item costs you to make, then shows the price you would need to charge to hit the food cost percentage you want.
Before and after
Smoked Brisket Tacos, makes 20 tacos
Ingredients
- Brisket: 6 lb x $9.00 per lb = $54.00
- Corn tortillas: $8.00 / 100 = $0.08 each x 40 = $3.20
- Pickled red onion: $6.40 x 1/2 jar = $3.20
- Cotija cheese: $7.20 / 16 oz = $0.45 per oz x 8 oz = $3.60
- Cilantro: 4 bunches x $1.25 = $5.00
- Lime crema: $3.80
Ingredient subtotal: $54.00 + $3.20 + $3.20 + $3.60 + $5.00 + $3.80 = $72.80
Waste at 5 percent of the food: $72.80 x 0.05 = $3.64
Packaging
- Paper boat tray: $0.12 x 20 = $2.40
- Napkin: $0.02 x 20 = $0.40
- Packaging subtotal: $2.80
Total recipe cost: $72.80 + $3.64 + $2.80 = $79.24
Cost per plate: $79.24 / 20 = $3.962, which rounds to $3.96 per taco
Suggested price at 30 percent food cost: $3.96 / 0.30 = $13.20 per taco
At your current price of $4.50:
- Food cost percentage: $3.96 / $4.50 = 88.0 percent
- Profit per taco before labor and other costs: $4.50 - $3.96 = $0.54
- Gap to your 30 percent target: your current price is $8.70 below the $13.20 the formula gives
Not included: labor, fuel, propane, commissary fees, insurance, permits, and card fees.
Questions for the owner
- The 6 lb of brisket for 20 tacos is 4.8 oz per taco. Is that the amount you want to use? If it is smaller, send the real figure and I will redo the math.
- Do you want the suggested price rounded to a menu-friendly figure?
What it does
Works out what one plate of a menu item costs you to make, then shows the price you would need to charge to hit the food cost percentage you want. It uses only the ingredient prices and quantities you give it.
Use it when: Use when a food truck owner wants to cost a menu item and find the price per plate, such as: what does this dish cost me, work out my plate cost, what should I charge for this, or check my food cost percentage.