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The Cocktail Cost Calculator estimates cost per cocktail and suggests a menu price using your target COGS. Enter bottle cost/size, pour size, other-ingredient cost per cocktail, and target COGS%.
Spirit Cost per Cocktail = (Bottle Cost ÷ Bottle Size mL) × Pour Size mLTotal Cost per Cocktail = Spirit Cost + Other Ingredients CostSuggested Price = Total Cost ÷ (Target COGS% ÷ 100)Gross Profit per Cocktail = Suggested Price − Total CostGross Margin (%) = (Gross Profit ÷ Suggested Price) × 100Inputs: Bottle Cost $30; Bottle Size 750 mL; Pour Size 59 mL; Other Ingredients Cost $0.80; Target COGS 20%.
Spirit Cost per Cocktail = 30 ÷ 750 × 59 = $2.36Total Cost per Cocktail = 2.36 + 0.80 = $3.16Suggested Price = 3.16 ÷ (20 ÷ 100) = 3.16 ÷ 0.20 = $15.80Gross Profit per Cocktail = 15.80 − 3.16 = $12.64Gross Margin = 12.64 ÷ 15.80 × 100 ≈ 80.0%Numbers are rounded to the nearest cent.
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Whether you are a restaurant owner, cook, or a bar chef, you might be looking for a way to estimate cocktail cost. You no longer need to worry about it — we have prepared a dedicated cocktail cost calculator that takes a few pieces of data as input to estimate the suggested menu price based on your desired margin.
In this guide, we go through in detail the data needed for this calculator, the exact method used for estimating cost, and the FAQs.
Let’s dive deep.

A Cocktail Cost Calculator is a free online financial tool that helps bar owners, mixologists, or cocktail enthusiasts find out how much each cocktail costs to make — including spirits, syrups, juices, and garnishes. The calculator is flexible enough to allow you to set menu prices and helps you plan your cocktail menu pricing.
We do our best to ensure the calculator solves your problem, but please remember to take this calculator as an estimate only, as there are other factors that also affect the actual cost, such as portion size, waste, and ingredient costs.
Why build a template from scratch? We have prepared an easy-to-use cocktail cost calculator template in both Excel and Google Sheets that allows you to simply plug in the values and instantly see the calculated results within the template. Whether you want to work offline in Excel or online in Google Sheets, download the template below.
Curious to know exactly how the cocktail cost is calculated? Let’s take a look at the following steps.
Estimating the cocktail cost is essential for determining a profitable menu price, as every ingredient included in a cocktail costs you money. You no longer need to scratch your head, as cocktail costing will no longer cause you a headache.
We explain the steps involved in determining key data such as total cost per cocktail, target COGS, and profit margin:
To make the calculation obvious and clear, in the following section we take a real-world example into consideration to help you grasp the calculation method for cocktail cost.
We are supposing the following key data to price a classic margarita:
👉 Spirit cost per cocktail = ($30 ÷ 750) × 59 ≈ $2.36
👉 Total cost per cocktail = $2.36 + $1.20 = $3.56
👉 Suggested menu price = $3.56 ÷ 20% = $17.80
👉 Profit per cocktail = $17.80 − $3.56 = $14.4
This calculation shows that pricing your margaritas at around $18 will give you a desirable profit of about $14.4 per drink.
Most bars consider 18% to 25% a good COGS percentage, but some premium cocktails can go a little higher. Still, keeping it under 30% is the rule of thumb.