Lumber Cost Calculator

Quick answer

Lumber cost is the board feet times the price per board foot, plus a waste allowance. Forty board feet at 5 per board foot is 200 in material; a 10 percent waste allowance brings it to 220. Enter your board feet, price and waste to see the total cost of a lumber order.

Updated 2026-09-09By Shakeel MuzaffarReviewed by Prof. Dr. Khalil Mudassar, PhD
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Woodworking
Total board feet needed, from the board foot calculator.
The lumberyard price per board foot.
Extra for offcuts, defects and mistakes; 10 to 20 percent is common.
Total lumber cost
--
Cost before waste--
Waste allowance--
Effective price per bf--

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How to Use the Lumber Cost Calculator

  1. Enter the board feet your project needs.
  2. Enter the price per board foot from the lumberyard.
  3. Set a waste allowance for offcuts and defects.
  4. Read the total cost, split into material and waste.
ResultWhat it means
Total lumber costMaterial plus the waste allowance, in your currency.
Cost before wasteThe bare board feet times the price.
Waste allowanceThe extra added for offcuts and mistakes.
Effective price per bfThe real cost per board foot once waste is included.

What Is Lumber Cost?

Lumber cost is what a project of solid wood will cost to buy. Because hardwood is sold by the board foot, the cost is the board feet you need multiplied by the yard price, plus an allowance for the wood you lose to offcuts, defects and mistakes.

Estimating it before you shop stops nasty surprises at the till and helps you compare species, since a premium timber can cost several times more per board foot than a common one for the same project. It also reframes an expensive-looking board: a striking piece of figured hardwood might only add a few board feet, so the eye-catching price per board foot translates into a surprisingly small addition to the whole job.

How Does the Lumber Cost Calculation Work?

Formula: cost = board feet x price per bf x (1 + waste rate)
  1. Multiply the board feet by the price per board foot for the material cost.
  2. Multiply that by your waste percentage for the waste allowance.
  3. Add the two for the total cost.
  4. Divide the total by the board feet for the real cost per board foot.

The waste allowance matters because you never use every inch of a board; a 10 to 20 percent margin covers the reality of working with natural wood, where knots, splits and end checks all eat into the usable length.

Lumber Cost Example

A project needs 40 board feet of oak priced at 5 per board foot. The material is 40 times 5, which is 200. Adding a 10 percent waste allowance of 20 brings the total to 220, or an effective 5.50 per board foot. Switch to walnut at 12 per board foot and the same project jumps to 480 plus waste, showing how much the species drives the bill.

What Affects Your Lumber Cost

Board Feet Needed

The volume of wood is the base of the cost, so an accurate board foot figure comes first.

Price per Board Foot

Species, grade and thickness all move the yard price, from cheap softwood to costly exotics.

Waste Allowance

Rough, defect-prone or short boards need a bigger allowance than clear, long stock.

Grade and Yield

A lower grade is cheaper per board foot but yields less usable wood, so the real cost can be similar.

Lumber Prices Compared

Rough price bands per board foot, and the cost of a 40 board foot project.

TimberPrice per bfCost of 40 bf
Construction softwood1.50 to 360 to 120
Common hardwood (oak, maple)4 to 7160 to 280
Premium (walnut, cherry)8 to 14320 to 560
Exotic species15 and up600 and up

Prices vary widely by region and supplier; use your own yard price for an accurate figure.

When to Use a Lumber Cost Calculator

Budgeting a Build

Know the wood cost before you commit to a project or a species.

Comparing Timbers

See how much more a premium wood adds for the same board feet.

Quoting a Job

Add the lumber cost to your other costs when pricing work for a client.

Common Lumber Cost Mistakes

1. No Waste Allowance

Buying the exact board feet leaves nothing for offcuts and defects; always add a margin.

2. Ignoring Grade Yield

A cheaper grade with more defects can cost as much in usable wood as a better one.

3. Forgetting Thickness

Thicker stock is more board feet and often a higher price per board foot too.

4. Leaving Out Other Costs

Lumber is only part of a build; add hardware, finish and your time.

Accuracy and Limitations

The cost maths is exact for the board feet, price and waste you enter. It is the timber cost only, not the whole project.

What it calculates accurately

  • Material cost from board feet and price
  • A waste allowance on top
  • The effective cost per board foot

What it does not do

  • Work out the board feet for you
  • Include hardware, finish or labour
  • Judge the grade yield of the wood

How We Calculate the Result

Method
Cost is board feet times price per board foot, times one plus the waste rate.
Inputs used
Board feet, price per board foot and a waste percentage.
Assumptions
Price and cost in one currency; waste is a flat percentage on the material.
Rounding
Costs to two decimal places.
Edge cases
Board feet above zero; waste defaults to zero if unset.
Sources
See Sources below.
Last reviewed
2026-09-23.

Frequently Asked Questions

How do you calculate lumber cost?

Multiply the board feet by the price per board foot, then add a waste allowance. Forty board feet at 5 per board foot with 10 percent waste is 220.

What is a board foot price?

It is the price of one board foot of lumber, the unit hardwood is sold by. It varies by species, grade and thickness.

How much waste should I add?

Usually 10 to 20 percent for offcuts, defects and mistakes. Rough or short boards need more; clear, long stock needs less.

Why is hardwood sold by the board foot?

It is a fair volume measure for boards of varying width and length, so buyer and seller agree on the amount of wood.

How do I find the board feet?

Multiply thickness by width by length in inches and divide by 144. Our board foot calculator does this for you.

Does a cheaper grade save money?

Not always. A lower grade costs less per board foot but yields less usable wood, so the real cost can be similar.

Is lumber the only cost of a project?

No. Add hardware, glue, finish and your time. This tool covers the timber cost only.

How do exotic woods compare?

Exotic species often cost 15 per board foot or more, several times common hardwoods, so they raise a project cost sharply.

Is my data saved?

No. The calculator runs entirely in your browser and nothing you enter is stored or sent anywhere.

Sources

Related Calculators

For woodworking budgeting and educational use. Covers the timber cost only; add hardware, finish, consumables and your time for a full project cost. Spotted an error? Let us know.

Author

shakeel-Muzaffar
Founder & Editor-in-Chief at  ~ Web ~  More Posts

Shakeel Muzaffar is the Founder and Editor-in-Chief of MultiCalculators.com, bringing over 15 years of experience in digital publishing, product strategy, and online tool development. He leads the platform's editorial vision, ensuring every calculator meets strict standards for accuracy, usability, and real-world value. Shakeel personally oversees content quality, formula verification workflows, and the platform's commitment to publishing tools that are genuinely useful for students, professionals, and everyday users worldwide.