$THE MARKUP
What it costs · what you pay · every week

The real math behind
the price on the shelf.

The Markup takes an everyday product apart — what the materials and manufacturing actually cost, versus what you hand over at the till. No outrage, no conspiracy. Just the receipts, laid out plainly.

Latest breakdown

The newest cost-vs-price teardown.

A $35 Lipstick Costs $2.50 to Make
Beauty

A $35 Lipstick Costs $2.50 to Make

The other $32.50 isn't buying the product. It's buying the brand. Here's the real math behind the tube.

Read the breakdown →
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