How much exactly should a resume cost?

Buying a new resume is not the same as buying a new automobile. There is no 'blue book' to tell you what you should be paying, and even a ballpark figure is difficult to come across.

As a result, there is some confusion. As one of the top resume consultants and a resume writer, I've discovered that customer expectations are all over the place. Some people estimate that a resume will cost between $100 and $200. Some people are hoping for more than $1,000. And with so much ambiguity, determining the price you're being offered might be difficult.

So, What Should a Resume Cost?

To begin, recognise that the resume writing market is quite fragmented. Most resume writers are self-employed and work from home. They are in charge of their own working hours, regulations, procedures, and pricing. As a result, there is a wide variety of prices. In general, the most experienced and well-known writers and resume services will charge more than those who are new to the field or whose services are in lower demand.

The cost of a product can also be affected by its location. Even if their talents are same, writers or resume consultants who reside in a low-cost location may charge less than those who live in a high-cost metropolis.

My own opinion is that a good resume should cost between $600 and $900 (excluding extras like cover letters or biographies).

When it comes to picking a resume consultants or writers, it's crucial to remember that price isn't everything. If you locate a fantastic writer who can jumpstart your job hunt for less than $900, I think you'd be crazy to walk away and shop about. After all, how many days of work would you need to cover the expense of that fresh resume?

How to Calculate Your Resume ROI

Here's an approximate estimate of how long it will take for your resume to pay off.

Taking into account holidays, weekends, and vacations, an average work year is 2,000 hours (yeah, I know you work a lot more!). But let's begin there.) Simply divide your pay by 2,000 to get your hourly rate.

Multiply that by eight to get your base daily wage.

So, a $150,000 salary equates to $75 per hour or $600 per day.

At that rate, a $1,200 resume will pay for itself after just two days on the job. (And that's before incentives, benefits, stock, and other goodies are included in.)

So How Should You Choose?

Finally, a resume, like any other large purchase, is an investment. You usually get what you pay for, and going for the cheapest option might result in a bad return on investment. On the other hand, the most expensive item does not always imply the best quality. As a result, I recommend analysing experience, work quality, fit, method, and other factors in addition to pricing while making a decision.

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