The custom-tailored suit exudes elegance and ensures a perfect fit. Most people think this means you have to spend a ton of money, but today, having a suit tailored can fit a wide range of budgets. Knowing the costs of custom tailoring allows any individual to understand the value of a suit and assess whether or not having a custom-tailored one is the best choice for them.

Finding a Reputable Tailor

It will always take time, effort and some money to find a tailor with a good reputation. Some businesspeople go so far as to find a tailor in places outside of the U.S. such as Europe or Asia. However, you can find a good tailor by going to some high-end department stores, chain and individual specialty shops. Depending on the reputation of the tailor, the cost of labor would vary from 10 to 20 percent of the suit cost.

Before finding a tailor, become educated about basic men's style so you can identify your needs and style specifications easily, as well as be able to check on what a tailor is doing. Get to know a tailor by looking at his clients and see if they dress well or have an intelligent opinion about dressing. Check if the tailor takes time to talk to you and explain the nuances and details of his work. See also the tailor's sense of style by checking his samples. The best tailors usually are very busy, so prolonged wait times are common; you need to be patient in this regard to get the best service. A reputable tailor will make sure that the price you pay will give you a suit that fits perfectly.

Pricing Based on Fabric

The price of a suit, shirt and pants set depend largely on the materials used. A suit made out of Loro Piana (Italian fabric that is a combination of Super 130 merino wool and thin silk thread) can cost $1,895. Suits made out of GuanaShina (a combination of kid Pashmina, Baby Cashmere and Guanaco fibers) are even more expensive at $4,995. Custom shirts from Hong Kong Custom Tailors crafted from blended fabric have the least expensive range from $64 to $130. The same tailor house prices custom silk shirts from $79 to $250 and cotton shirts from $74 to $230.

Suit Packages

Some tailors provide more affordable custom tailoring through packages. Noble House has packages that range from $1,600 to $3,700. Customers can select two kinds of packages: a two-suits-plus-one-coat-and-pants package or a three-suit package. The "Affordable Elegance" line, made out of Superfine Wool Worsted fabric, ranges from $1,600 to $1,800. The Executive Image line, priced from $1,900 to $2,300, is tailored using Super 100 fabric. The President/Chairman Impact line ranges from $2,400 to $3,700 and is available in wide range of fabrics such as Dormeuil, Garavani, Scabal and Valentino.

Total Cost

Overall, the total cost of a custom-tailored suit plays within the range of $400 to $10,000 and would include the cost of materials and labor. The custom suit from a department store can cost at least $400. Those who have enough money to burn for a suit made out of the finest fabrics using the finest craftsmanship can cost $10,000. For those who want to get the most out of their money, packages from $1,600 to $3,700 can provide different sets of suits and a coat and pants for the price of a single suit ensemble.