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 ($)
- SF is the total square footage of area (ft^2)
How to Calculate Square Foot Price?
The following example problems outline how to calculate Square Foot Price.
Example Problem #1:
- First, determine the total price ($).
- 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 = ?
