Event Budget Calculator

Estimate, track, and compare your event budget vs. actual spend by category. Ideal for conferences, weddings, fundraisers, and corporate events.

Budget by category

Category Item Qty Unit cost Est. total Actual total Variance % Remove
Category totals: $0 $0 $0 0%

Tip: Enter either estimated or actual costs (or both). Variance is calculated as Actual − Estimated.

Summary

Budget vs. Actual

Estimated total
$0
Actual total
$0
Variance (Actual − Est.)
$0
Variance %
0%

Per attendee

Estimated cost / attendee
$0
Actual cost / attendee
$0
Break-even ticket price*
$0

*Assumes ticket revenue is your only income source and you want to cover total estimated cost.

How to use the Event Budget Calculator

This calculator helps you build a complete event budget, compare quotes, and track actual spend. It’s more flexible than static templates because you can add unlimited line items, adjust quantities and unit costs, and instantly see the impact on your totals.

1. Set up your event

  • Event name & date – for your own reference and for printing/exporting.
  • Expected attendees – used to calculate cost per attendee and break-even ticket price.

2. Fill in budget line items

The table starts with common event budget categories inspired by professional event-planning checklists:

  • Venue & rentals – room rental, furniture, staging, décor.
  • Catering & F&B – food, beverages, service charges, gratuities.
  • AV & production – sound, lighting, projection, streaming.
  • Marketing & registration – ads, design, ticketing fees.
  • Speakers & entertainment – honoraria, travel, performance fees.
  • Staff & operations – staff, security, cleaning, insurance.
  • Travel & lodging – flights, hotels, local transport.
  • Contingency & misc. – buffer for unexpected costs.

For each line item you can enter:

  • Qty – number of units (e.g., 150 meals, 2 projectors, 3 nights).
  • Unit cost – cost per unit (e.g., $45 per meal, $300 per night).
  • Estimated total – auto-calculated as Qty × Unit cost, but you can override it manually.
  • Actual total – what you actually spent once invoices arrive.

3. Understand the calculations

Estimated line total

\( \text{Estimated total} = \text{Quantity} \times \text{Unit cost} \)

Variance (per line)

\( \text{Variance} = \text{Actual total} - \text{Estimated total} \)

Variance % (per line)

\( \text{Variance \%} = \dfrac{\text{Variance}}{\text{Estimated total}} \times 100 \)

Event totals

\( \text{Estimated total (event)} = \sum \text{Estimated total}_i \)

\( \text{Actual total (event)} = \sum \text{Actual total}_i \)

\( \text{Variance (event)} = \text{Actual total} - \text{Estimated total} \)

Cost per attendee

\( \text{Estimated cost/attendee} = \dfrac{\text{Estimated total}}{\text{Attendees}} \)

\( \text{Actual cost/attendee} = \dfrac{\text{Actual total}}{\text{Attendees}} \)

4. Use variance to control your budget

Variance highlights where you are over or under budget:

  • Positive variance (Actual < Estimated) – you spent less than planned.
  • Negative variance (Actual > Estimated) – you overspent.

Monitoring variance by category helps you decide where to cut costs or where you can afford to invest more (e.g., upgrading catering if you saved on venue).

5. Best practices for event budgeting

  • Get multiple quotes for big-ticket items (venue, AV, catering) and enter the chosen quote as your estimate.
  • Include taxes, fees, and gratuities in your unit costs so you don’t underestimate.
  • Add a contingency line (typically 5–15% of total budget) for unexpected expenses.
  • Update actuals in real time as contracts are signed and invoices are paid.
  • Review cost per attendee to validate your ticket pricing or sponsorship targets.

Event Budget Calculator FAQ