Guidelines for setting your Target Budget (recent tunecore posting)

Here are some figures that can help you on your way to create the best budget for your project.
Please note that these figures are guidelines. Actual figures may be subject to change. These figures are based on our experience, however it is possible that you can make better deals!
Recording costs
A typical full album with 10 songs would take about 20-30 days in the studio including mixing.
A single takes about 3-5 days in the studio including mixing.
Producer/Engineer/Mixer: Between $250 - $1000 a day
Studio: Between $250 - $1000 a day
Musicians (per musician): $250 a day
Materials (hard drive, discs etc): $250
Mastering: Between $1000 - $3000
Travelling costs: May vary per country and recording location
Food, drinks, etc: From $20 per day per person
Hotel: May vary per country and recording location
NOTE: When you make your budget always add a 10% contingency for unforeseen costs.
Manufacturing costs
1000 jewelcase CDs including 8 page booklet in full color: $1400 (including start up costs)
1000 wallets full color (single): $600 (including start up costs)
Mechanical Rights
When you duplicate CDs you will have to pay mechanical rights to the appropriate collective rights agency. These costs may vary per country.
In Holland the costs are approximately €0.51 per CD.
When you hold the rights to the music this money will flow back to you minus a fee for the collective rights organization.
Artwork
Photographer: Between $500 - $1500
Artwork designer: Between $500 - $1500
Shipping
1 CD to 500-700 Believers worldwide: Between $1000 - $2000