It's hard to tell another person what to charge for their craft - each thing a person makes is unique. 10 people can make the same thing & it will come out 10 different ways with 10 different levels of quality. The area you are selling in makes a big difference ,too. What might sell in one area - might not even sell in another.Nothing is predictable ! I found - the best thing to do is go to the fairs before hand and see people's crafts and the price range . Compare their work to yours ,compare prices ,etc ... and just come up with a reasonable price. You might even check E Bay to see some items similar to yours. You asked the great unanswered question in the craft world -- LOL --
what to make & what to charge ! I wish I had better avdice - but we ALL have the same question when we first start out. I hope you sell TONS !!! Best of luck !!!

Although I don't subscribe to this philosophy, some crafters sell at three times the cost of the materials.

Janet

I have been doing craft fairs for about 8 years. I sold the cakes in a cup for $5.00. That seemed to be a good price point. When I first started, it was really hard to decide how to price my items. I started with 3 times the cost of the ingredients or materials and rounded it up to the nearest dollar. I do very well that way. Good luck and have fun!
Bronwyn

thanks, I was thinking $5 for the cakes in a cup - found the warming pads on-line to check for prices, same with scarves. I might also take a couple of totems - but I always put an unusual cup or something on top so it is a planter.

Since three times the price of free fabric won't work in this case, you should also look at your time.

Add up the cost of your materials (all of them - including price tags and packaging and the entry fee for the craft show).

Then figure out how long it takes you to make each item. A knitted throw or quilt may not equire very expensive ingredients, but they took a lot of time and skill to complete. Multiply your time commitment by what you think crafting should pay per hour. Hopefully you aren't running a crafty sweatshop :)

Depending on what you are making and how long it takes you, some middle ground between 3x your materials cost and an hourly rate may be appropriate.

Good luck at the show!

Here is a link that might be useful: craftfetish blog