How to Calculate Price Per Square Meter in Excel: 3 Handy Methods

Method 1 – Dividing Total Cost by Total Area to Calculate Price Per Square Meter

The following table has Total Area in m2, Total Price, and Price/m2 columns. Calculate price per square meter in Excel by dividing the Total Price by Total Area in m2.

Steps:

  • Type the following formula in cell D5.
=C5/B5

Divide cell C5 by cell B5, and the result of division will be $15.

  • Press ENTER. Then you will see the result in cell D5.
  • Drag down the formula with the Fill Handle tool.

Calculate price per square meter in the Price/m2 column.

How to Calculate Price Per Square Meter in Excel


Method 2 – Using IF Function to Calculate Price Per Square Meter

A criterion list that has 3 criteria.

  •  <= 100 Square Meter cost $50.
  •  101-200 Square Meter cost $70.
  • >= 200 Square Meter cost $90.

Based on these 3 criteria, we will use the IF function to calculate price per square meter in Excel in the Price/Square Meter column of the Using IF Function table. Calculate the total price.

Steps:

  • Type the following formula in cell C5.
=IF(B5<=100,50,IF(AND(B5>=101,B5<=200),70,IF(B5>=201,90)))

How to Calculate Price Per Square Meter in Excel

Formula Breakdown

  • IF(B5<=100,50 returns 50 when B5 is less than or equal to 100.
  • AND(B5>=101,B5<=200) The AND function uses 2 logical conditions. One condition is B5 is greater than or equal to 101, and another condition is B5 is less than or equal to 200.
  • IF(AND(B5>=101,B5<=200),70 returns 70 when one of the conditions is fulfilled.
  • IF(B5>=201,90) returns 90 when B5 is greater than or equal to 201.
    • Output: 50
  • Press ENTER. Then you will see the result in cell C5.
  • Drag down the formula with the Fill Handle tool.

Calculate price per square meter in Excel in the Price/Square Meter column.

Calculate the total price.

Type the following formula in cell D5.

=C5*B5

Multiply cell C5 with cell B5.

How to Calculate Price Per Square Meter in Excel

  • Press ENTER. Then you can see the result in cell D5.
  • Drag down the formula with the Fill Handle tool.

See the complete Total Price column.


Method 3 – Calculating Price Per Square Foot

The following table has Property, Price/Meter Square, and Price/Foot Square columns.

Convert Price/Meter Square to Price/Foot Square. There are  3.2 feet in 1 meter. Get approximately 10.76 (3.2 squared) feet in 1 square meter. Divide Price/Meter Square by 10.76 to get Price/Foot Square.

How to Calculate Price Per Square Meter in Excel

Steps:

  • Type the following formula in cell D5.
=C5/10.76

Divide cell C5 by 10.76.

  • Press ENTER. Then you will see the result in cell D5.
  • Drag down the formula with the Fill Handle tool.

Calculate pice per square feet in the Price/Square Foot column.


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Afia Kona
Afia Kona

Afia Aziz Kona, a graduate of Civil Engineering from Khulna University of Engineering & Technology, Bangladesh, serves as a technical content creator in the ExcelDemy project. Possessing a passion for innovation and critical thinking, she actively embraces challenges. Beyond her engineering background, Afia exhibits a keen interest in Excel, having authored numerous articles on Excel & VBA-related issues to simplify the experience for users facing obstacles in Excel. Apart from creating Excel tutorials, she is also... Read Full Bio

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