real calculations of selling handknits
Every few months, I go through my knitting dresser and air out/freshen my knitted goods.
The most recent clean out of my dresser, I realized how many handknit sweaters I haven’t wore in a long time or even, at all.
I’ve gifted some sweaters already, however, everyone around me continuously says, “Sell them!” Yeah, easier said than done because the cost of materials/wool yarn used is already over $100. Then you add in labor, which is many many hours… therefore, how much are you actually going to pay for a handknit sweater? $400?
I will be breaking it down here.
Quality of materials: If I am going to spend hours and hours on knitting, I’m going to use yarn that won’t dry out my hands and won’t be too strenuous for the repetitious movements of my fingers… soft merino wool and/or cashmere blends.
Number of hours of knitting: For a women’s adult size sweater (medium), it usually takes me approximately 25 to 40 hours of knitting in total. The thinner the yarn the longer it takes. Also, the more intricate stitches like lace, cables, colourwork, etc, takes longer than simply knitting a plain knit stitch.
Thick or thin yarn: I personally prefer yarn in the thickness (in knitting terms: weight) of baby/sock/fingering to sport/DK to worsted/aran size of yarn. Basically, I enjoy knitting with yarn that’s suitable for needle sizes between 3mm to 6mm. Anything smaller or bigger cramps my hands easily, and remember, it’s many hours of straight knitting (I also have a computer job, so lots of typing with my fingers).
Many times, you’d see handknits on sell with very thick yarn. That is because the thicker the yarn, the less stitches you will need to make. So the faster it’ll knit up.
Amount of yarn: I knit adult size sweaters, mostly for myself. For the thickness/weight of yarn, let’s start with fingering and sport weight yarn. For a very fitted sweater, approximately 350g or more (definitely no less than 350g for me in fingering weight). For a regular size sweater where I can wear a long sleeve and a tank under it, approximately 450g of yarn (both fingering and sport weight). Slightly over size and very comfy yet flattering, 550g or more of yarn.
As for thicker yarn like worsted and aran, I knit with at least 550g for a good size sweater for myself.
I usually prefer long sleeves and non-crop sweaters.
Time saver and convenience: I’m not crazy about seaming. I enjoy the convenience of knitting a seamless sweater. It saves additional hour or two (sometimes more) from blocking pieces before seaming and carefully sewing all the pieces together.
Now let’s calculate!
Let’s go with least amount of materials and hours.
Materials: A very fitted sweater (adult women’s medium) takes me about 350g of merino wool (not itchy). Each ball of yarn is about 115g (sometimes comes in 100g), so we will need to purchase 3 balls to make 345g (a little less than what we would actually need but let’s go with it). Each ball of soft merino wool yarn is about $30 (on the very low end of the price scale that’s not itchy to most people). So materials for this very fitted (most likely too fitted and tight for me but this is just for calculations for lowest cost) $90 without tax.
Hours of labor: The fastest I ever knitted and timed was 25 hours (most likely with plain stitches – no lace, no cables, no fancy stitches). If we go with minimum wage, (I live in British Columbia, Canada, and the minimum wage here is $15.20 pre hour) let’s times that by the number of hours. $15.20 x 25hrs = $380
Total: So the minimum materials of $90, plus minimum wage with the least amount of knitting hours $380, is a grant total of $470 for just one of my handknitted sweaters that took the least amount of materials and the least amount of hours for minimum wage.
I think if I priced them that at least covers the total cost of materials and some of the tears and sweat that goes along with hardwork, I would feel okay with it. Every item I’ve knitted with my two hands always leave a bit of sentimental value to it.
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I have a probleeeemmmm I love making hats!! send me some recommendations for anything I can make without changing yarns and that uses a 4.5-5.5mm needle. I’m trying to find stuff on the ravelry and nothing has scratched the itch YET
I can’t describe what the colors look like to me… kind of a sunset to sunrise?? but also lake?? V much outdoors, kinda something I would expect an influencer to wear at the bottom of a ski lift (said with lots of love)
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