Industry Pricing Standards
PremiumCompare your pricing against industry benchmarks and averages
Compare your rates to industry standards:
- Select your trade (HVAC, Plumbing, or Electrical)
- Enter your current pricing
- See how you compare to market averages
- Data based on 2024 national averages (regional variations apply)
What you charge just to show up and diagnose
Your labor charge per hour
Percentage added to material costs
Higher Rates: Urban areas, high cost of living regions (CA, NY, MA)
Average Rates: Suburban and mid-sized cities
Lower Rates: Rural areas, lower cost of living regions
Adjust benchmarks ±15-20% based on your location
$95
Market Range: $75 - $150(Avg: $95)
$110/hr
Market Range: $85 - $150(Avg: $110)
35%
Market Range: 25% - 45% (Avg: 35%)
$550
Range: $350 - $800
Pricing Factors
Don't compete on price alone: Focus on value, quality, service
Justify premium pricing: Warranties, certifications, response time
Bundle services: Maintenance plans, annual inspections
Be transparent: Clear pricing builds trust
Review quarterly: Adjust for inflation and market changes
10-20% below market average - High volume, lower margins
Within 5% of market average - Competitive positioning
10-20% above market average - Premium service, higher margins