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How Much Does it Cost to Transcribe an Audio Book?

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How Much Does it Cost to Transcribe an Audio Book?

Transcribing an audio book may seem a little strange. More often than not, we assume the print or ebook version of a book precedes that of the audio content. Or, we wonder what the added benefit of a print book has when audio books are especially convenient for their ability to be listened to anywhere and at any time. But it’s not uncommon for audiobooks to exist before the print version of a book and there are numerous benefits to entering alternative book sale markets through transcribing an audio book.

How Much Does it Cost to Transcribe an Audio Book?

The cost of transcription varies from each individual or company. The most common pricing of a transcription involves the amount of time it costs to transcribe an audio file. Depending on the service provider, this can be either per minute or by the audio hour. The average rate can be anywhere from $0.75 to $1.50 per minute. At an hourly rate, it can cost anywhere from $15-$30 per hour. When transcribing audio books, some services may price at the cost per page while others can even charge per word or line. This rate is all at the discretion of whichever transcription service you employ.

What Other Costs to Expect from an Audio Book Transcription Service?

If your audio file has poor overall quality or includes accents, multiple or unclear voices, it can take a transcriber much longer to provide an accurate transcription, and some transcription services introduce an extra charge for those scenarios. Preferred Transcriptions does not charge any extra based on those factors. Another consideration for the cost to transcribe an audio book is any rush fees, as transcription services typically have a standard turnaround time for projects. Needing a transcription in record time may require some added fees depending on the individual or service.

What are the Benefits of Transcribing an Audio Book?

Transcribing an audio book gives more people access to an author’s rich writing and compelling story. Offering a physical or digital version of a book appeals to audiences that prefer traditional book reading or those who are deaf or hard of hearing and cannot utilize audio books. Not only does it make a book more appealing to multiple audiences, it places the author within the traditional realm of book publishing. This gives their story more visibility and increases overall profits while establishing them within the literary world.

If you’re interested in transcribing your audiobook and entering new sales markets, we are happy to help. Contact us to discuss our audiobook transcription services to help you expand your audience.