it can be difficult to figure out a good price to charge for your work. when i was making clothing (i had a boutique children's clothing business), my prices were more than one can buy clothing at walmart but my clothing was also better made, better materials, nicer looking and woth every cent i charged. but my clothing was also tailored to the child's needs so many parents were willing to pay my prices.
i remember making a daisy kingdom dress for my niece and a neighbor saw it and wanted one for her daughter. i had put over $80.00 in materials alone in that dress not including labor. the mother wanted the dress for her daughter and paid for it.
i will be charging for quilts soon so will do my best to keep track of costs and price accordingly. i have seen quilts at art fairs that sell for well over $2,000. folks are buying them though.