CALCULATING COST FOR TELECINE / COLOR GRADING

The most frequent question we get is "How much will it cost?" Telecine charges are the amount you will pay for the colorist to load the film on the telecine, make the appropriate color corrections and record the film to media. Telecine charges are calculated by multiplying the running time of the film, the transfer ratio and hourly rate. There is a 1/2 hour minimum for telecine time with time rounded to 15-minute increments thereafter. Unsupervised Scene-to-Scene color correction is guaranteed a 3:1 transfer ratio.

You can use the Kodak Footage Calculator to determine the running time of your film. 
The capture file size can be determined by using the AJA Data Rate calculator.
(Mac link - PC link) or go to: http://www.videospaceonline.com/

Example:

I have 400ft of S8mm to be transferred in HD at 18fps. I go to the calculator and find that the running time will be 26:40. The ratio for the transfer is 3:1. I round my running time up to 30 mins and multiply by 3, this lets me know that I can expect my transfer to take 1.5 hours The transfer rate is $300/hr. I multiply that rate by the 1.5 and estimate my transfer cost to be $450.