Cost Per Round, Honestly

A loaded cartridge on a balance with primer, powder, bullet, and case floating above
Every round is the sum of four components plus a slice of brass life.

How to compute the actual cost of a handloaded round, including the consumables most people forget about. BrassTracker uses this exact formula on every load and recomputes it the moment a component price changes.

The Four-line Version

For each round you load:

  1. Bullet cost = price of the bullet box ÷ count.
  2. Powder cost = price of the powder can ÷ (7000 ÷ charge in grains).
  3. Primer cost = price of the primer sleeve ÷ count.
  4. Brass cost = price of the brass lot ÷ (count × expected firings).

Round cost = sum of the four.

That's the formula. Everything else on this page is helping you fill in the numbers honestly.

Bullet Cost: Easy

Bullet boxes come in fixed counts (usually 50, 100, 250, 500). Divide the box price by the count.

Box of 100 match bullets at $52 = $0.52 per bullet.

Powder Cost: The Trick

A pound of powder is 7000 grains. So if you load X grains per round, you get 7000 ÷ X rounds per pound. At a charge of 40 gr that works out to 175 rounds per pound.

1 lb of rifle powder at $54, charge 40 gr → $54 ÷ 175 ≈ $0.31 per round of powder.

For 8-lb jugs, divide the price by 8 to get the per-pound number first.

Primer Cost: Also Easy

Primers come in sleeves of 100 (most common) or 1000.

Sleeve of 100 large-rifle primers at $10 = $0.10 per round.

Brass Cost: The Honest Part Most People Skip

If your brass lasts 8 firings, you're using 1/8th of the case's value per round.

100 pieces of premium .308 brass at $120 = $1.20 per case. Expected 12 firings → $1.20 ÷ 12 = $0.10 per round of brass amortization.

If you got the brass once-fired free, brass cost is $0, but you should still track expected firings to know when to retire the lot. Free brass that splits at firing 4 is worth less than $1.20- per-piece premium brass that survives 12 firings.

Putting It Together: A Worked Example

The numbers below are illustrative math inputs, not a recommended load. Always verify charge weight and component pairing against a current published reloading manual.

Match-grade 6.5mm precision rifle round:

Total: $1.06 per round.

For comparison, factory match-grade 6.5mm 140gr ammunition runs $40-50 per 20-round box, or $2.00-2.50 per round.

What Most People Forget

The four numbers above cover the ammunition. They don't cover:

What BrassTracker Shows

When you compare two loads, BrassTracker surfaces two cost rows:

Component prices are stored once per component. Update a primer price when you buy a new sleeve, and every recipe that uses that primer picks up the new number on the next save. Old data does not rewrite itself; you just stop comparing apples to last-year's apples.

Why a Spreadsheet Drifts

The math above is straightforward. The trouble starts when component prices move and your spreadsheet doesn't - you end up with last year's CPR on this year's loads. CPR vs spreadsheet walks through the failure modes and what BrassTracker does instead.