Pricing and margin

How to Estimate Concrete Cost: Yards, Waste, Job Cost and Price

A concrete bid is more than yards times a price per yard. This walks through quantity, waste, material, the rest of the job cost, overhead and the selling price — in that order.

The short answer

Work out the cubic yards from the dimensions. Add the waste allowance you choose and round up to what your supplier delivers. Price that order quantity at your supplier's quoted price per yard. Add labor, equipment, delivery and every other direct cost, then recover overhead. Only then set the selling price from a target margin or a markup. Material cost, total job cost and selling price are three different numbers.

How to calculate cubic yards

Cubic feet = length (ft) × width (ft) × thickness (ft)

Cubic yards = cubic feet ÷ 27

Thickness is usually measured in inches, so divide it by 12 first: a 4-inch slab is 0.333 ft thick. For an L-shaped or stepped pour, split it into rectangles and add them together. The Concrete Calculator handles multiple sections. The Slab, Driveway and Footing calculators cover those pours by name.

Waste and overage: you set the percentage

Waste covers spillage, an uneven subgrade, forms that bow, and what stays in the pump or chute. RHACOVA does not assume a waste percentage — choose one from your own past pours and the conditions of this site.

Waste-adjusted yards = cubic yards × (1 + waste %)

Order quantity = waste-adjusted yards, rounded up to your supplier's increment

The calculators default to a 0.25 cu yd increment; change it to match your supplier. Always price the order quantity — that is what you pay for, not the geometry.

Material cost per cubic yard

Concrete material cost = order quantity (cu yd) × your quoted price per cu yd

Concrete prices vary by supplier, mix, region, season and order size. Use a current quote from your own supplier, not an online average — RHACOVA does not publish or look up concrete prices. Reinforcement is a separate material line; the Rebar Calculator gives bar count and linear feet for a slab grid.

The rest of the job: labor, equipment, delivery and more

Labor
Crew hours × the loaded labor cost per hour, not the wage.
Equipment
Pump, screed, saw, rentals and owned equipment used.
Mobilization and delivery
Delivery, short-load or wait-time charges, and getting the crew to the site.
Subcontractors, disposal, permits and fees
Any trade you hire, haul-off and dump fees, permits and inspections.

Together these are the direct cost. The full list of cost classes is in what is true job cost.

Material cost vs total job cost vs selling price

Direct cost
Every cost this pour causes, concrete included.
Overhead recovery
This job's share of costs not tied to any one job — office, insurance, vehicles. See how to calculate construction overhead.
Total job cost
Direct cost + overhead recovery. Still a cost.
Selling price
What you charge, set from a target margin or a markup on total job cost.
Expected profit
Selling price − total job cost.

Price from target margin = total job cost ÷ (1 − target margin)

Margin and markup are not the same figure — see markup vs margin and cost vs price vs profit.

Worked example

Every price, rate and percentage below is a hypothetical input chosen to show the method — not a current market price, average or recommendation. Replace each with your own.

  • Slab 24 ft × 20 ft × 4 in = 160.00 cu ft ÷ 27 = 5.93 cu yd
  • 5% waste (example) → 6.22 cu yd, rounded up to the 0.25 increment → 6.25 cu yd ordered
  • Concrete — order quantity: $625.00
  • Field labor: $600.00
  • Equipment: $300.00
  • Mobilization and delivery: $150.00

Example inputs: concrete $100.00 per cu yd, 12 labor hours at $50.00 loaded, equipment $300.00, delivery $150.00.

  • Direct cost: $1,675.00
  • Overhead recovery (10% of direct cost, example): $167.50
  • Total job cost: $1,842.50
  • Selling price at a 25% target margin (example): $2,456.67
  • Expected profit: $614.17 — margin 25.00%, markup on cost 33.33%

The concrete itself is about a third of the price. Pricing from material alone would miss most of the job. Run your own numbers in the Concrete Job Bid calculator.

Common concrete estimating mistakes

  • Multiplying by thickness in inches instead of feet.
  • Dividing cubic feet by 9 (square feet to square yards) instead of 27.
  • Leaving out waste, or rounding the order down.
  • Pricing the geometric volume instead of the quantity you order.
  • Using last season's or an online price instead of a current supplier quote.
  • Forgetting pump, short-load, delivery or wait-time charges.
  • Pricing labor at the wage instead of the loaded rate.
  • Applying a "margin" percentage as a markup, which leaves less profit than intended.

Quick answers

How many cubic feet are in a cubic yard?
27. Multiply length × width × thickness in feet, then divide by 27.
What waste percentage should I use for concrete?
RHACOVA does not set one. Use what your own past pours and this site's conditions justify, and record it so you can compare it with what you actually used.
Does RHACOVA provide concrete prices?
No. Prices vary by supplier, mix, region and order size. Enter a current quote from your own supplier.

Run the numbers

Base volume in cubic feet and cubic yards for one or more rectangular sections, a waste allowance you control, and the order quantity rounded up to your supplier's increment.

Open the Concrete Calculator

Free, no account, and the answer stays on the page.

Turn the bid into an estimate

A RHACOVA Estimate keeps quantity, cost, overhead, price and profit as separate figures, so the margin you planned is the margin you quote.

Start an estimate

How RHACOVA defines these terms

Every calculator, estimate and job in RHACOVA uses one set of financial definitions, and they are written down rather than implied. Read the RHACOVA methodology for the full list of definitions this article relies on.