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costdata® market data

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costdata® market data contains average prices/costs for a wide range of specialist areas. The data enables you to compare your own prices or supplier offers with those of your competitors and the market. If your internal price or the price quoted by the supplier is lower than the costdata benchmark, you have a competitive scenario. Create lists, set favorites, and keep track of your data at all times: Connected to costdata® market data, the dashboard function provides clarity and allows you to track costs and price points. With the dashboard, you can analyze cost trends, compare them, and also access reporting functions.

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# What is Market Data / Cost Data for product calculation used for?
](/discussions/what-is-market-data-cost-data-for-product-calculation-used-for)
What is Market Data / Cost Data for product calculation used for?

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