Enter the total price and word count into the calculator to determine the price per word. This calculator helps in evaluating the cost efficiency of writing services or freelance work.
Price Per Word Formula
The following formula is used to calculate the price per word.
PPW = TP / WC
Variables:
- PPW is the price per word ($)
- TP is the total price ($)
- WC is the word count
To calculate the price per word, divide the total price by the word count.
What is Price Per Word?
Price per word is a common metric used to determine the cost of writing services on a per-word basis. It is particularly useful for writers, editors, and publishers to set fair rates for freelance writing, copywriting, and other content creation services. It allows for a clear understanding of the value of the work based on the volume of content produced.
How to Calculate Price Per Word?
The following steps outline how to calculate the Price Per Word.
- First, determine the total price (TP) for the writing service or content provided.
- Next, determine the total word count (WC) of the content.
- Next, gather the formula from above = PPW = TP / WC.
- Finally, calculate the Price Per Word (PPW) in dollars.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
Total price (TP) = $150
Word count (WC) = 3000 words
