How Much does It Cost to Make One Penny?

The cost of the materials to make pennies fluctuates all the time, but at this time it does not cost more to make a penny than the face value of the penny. As of June 2009, pennies made before 1982 are worth $0.014865, and those made after 1982 are worth $0.004044. The cost to produce the post 1982 pennies are a little more than 40% of face value.