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Not sure how long it takes her but my tailor charges $150 US for a bespoke but unstructured/unlined tweed jacket ( I supply the tweed, no pattern ...she makes it up). I think that a fair price as she does impeccable work. On average I take 10 hours (8 - 12 hours depending) to build a custom hat but I am not efficient as it is all hand work, no machinery at all.That is so true, I can get a decent pair of shoes made for almost the same price as a bespoke hat.
I'm not familiar with US labour charges but here in the UK an artisan will charge about £20@hour, that's about $26.50. Some charge a lot more, but by and large the twenty pounds is about the benchmark.
My wife, Tina, can make one of my shirts in ten hours, start to finish. She never does though, she prefers to work for an hour or two at a time, nonetheless it's still ten hours for which the labour charge would be: £200, add on £45 for three yards of top quality fabric, then there's the cost of the paper pattern, the notions like needles, thread, buttons, interfacing and collar stiffener. Use of the electrical power, and if it were a business, wear and tear on the sewing machines. In all, another £45. That's £290 ($383.50) Broken down like that it's easy to see how you might have to sell one of your kidneys, others might even say it costs an arm and a leg.
Tina only makes clothes for ourselves and for her own pleasure. It's a consuming hobby that she has done since the age of eight. As many a Lounger has commented: "How lucky am I?"