How much do chemists typically charge for contract formulation work?

Contract formulation rates vary widely by vertical and experience. Cosmetic chemists commonly charge $75–$200 per hour or $1,500–$8,000 per formula project. Supplement R&D consultants may charge $5,000–$25,000 for a full development package including stability and third-party testing coordination. Coatings chemists often work on retainer at $3,000–$10,000 per month. AJ Cosmo Labs lets formulators set their own rate ranges on their profile.