Pricing knitted goods

I’ve never sold my knitted goods. I was asked to make some simple garter stitch scrubbies for purchase. Is there a basic formula for simple knitted items like dishcloths ? Thanks.

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(Minimum wage x time spent making) + cost of materials is a basic formula… but may give you a price so high that no one will pay it. Depends on how low your area’s minimum wage is, I suppose.
Mind you, I’ve never sold my knitting, though I have bartered it for someone else’s creative work - like the portrait which I use as my avatar.
Hopefully someone else will be able to provide you with more useful advice!

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