Menu price rounding calculator

What this calculation means

Menu-price rounding moves an already calculated price to a chosen price increment. The selected rule decides whether to use the nearest point, an upward point, or a downward point.

For the nearest rule, an exact positive halfway point rounds upward. A rounded zero price cannot have a defined food-cost percentage.

How to use this calculator

Enter the calculated price and a positive increment. Choose a rounding rule. Optionally enter ingredient food cost to see its percentage at the rounded price.

Formula and variables

Rounded price = Increment × selected rounding(Calculated price ÷ Increment); Food-cost share = Food cost ÷ Rounded price × 100

Calculated priceUSD

Price before rounding.

Price incrementUSD

Price step, such as 0.50.

Food cost (optional)USD

If supplied, the food cost percentage is recalculated after rounding.

Rounding rule

Choose how the calculated price moves to the price increment.

The selected rule applies to the entered increment first. The resulting price displays to cents. The optional ingredient ratio uses that rounded-increment price.

Understand your result

The primary answer is the chosen price point. When food cost is supplied, the additional percentage uses that rounded price.

Worked example

Round a $12.4667 selling price to the nearest $0.50. Ingredient cost for the item is $3.74, excluding packaging.

1. Divide the entered $12.4667 price by the $0.50 increment = 24.9334.
2. The nearest whole increment is 25; 25 × $0.50 = $12.50.
3. Ingredient food-cost percentage at the rounded price = $3.74 ÷ $12.50 × 100 = 29.92%. Packaging is excluded from the Food cost input in this example.

Example result: $12.50

Frequently asked questions