Enter the total price ($) and the total square footage of area (ft^2) into the Square Foot Price Calculator. The calculator will evaluate and display the Square Foot Price.
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Square Foot Price Formula
The following formula is used to calculate the Square Foot Price.
SFP = TP / SF
- Where SFP is the Square Foot Price ($/ft^2)
- TP is the total price ($)
- SF is the total square footage of area (ft^2)
To calculate the square foot price, divide the total price by the square footage of area.
How to Calculate Square Foot Price?
The following example problems outline how to calculate Square Foot Price.
Example Problem #1:
- First, determine the total price ($).
- The total price ($) is given as: 100,000.
- Next, determine the total square footage of area (ft^2).
- The total square footage of area (ft^2) is provided as: 200.
- Finally, calculate the Square Foot Price using the equation above:
SFP = TP / SF
The values given above are inserted into the equation below:
SFP = 100,000 / 200 = 50.00 ($/ft^2)
Example Problem #2:
For this problem, the variables needed are provided below:
total price ($) = 500,000
total square footage of area (ft^2) = 1,500
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
SFP = TP / SF = ?
