The Terraria Crafting Material Cost Calculator tells you, in real platinum-gold-silver-copper terms, what a craft or a full batch will cost before you commit your resources. It accounts for what you already have so the bottom line is the coin you still need to spend.
How it works
Each material has a quantity consumed per craft and a unit value in copper coins. For a batch of N crafts:
needTotal_i = quantityPerCraft_i x N
needBuy_i = max(0, needTotal_i - owned_i)
netCost = sum( needBuy_i x unitCopper_i )
The total copper is then split into platinum, gold, silver, and copper using Terraria’s hundred-to-one coin tiers, so 1,500 copper displays as 15s and 1,000,000 copper as 1p.
Tips and example
Crafting twenty of an item that needs five Iron Bars each? That is one hundred bars; if you already own forty, you only pay for sixty. Enter each bar’s unit value in copper and the calculator shows both the gross value of all hundred bars and the net cost of the sixty you must still acquire. Use it to decide whether to buy missing materials from an NPC or farm them, and to budget large batches like potion or ammunition stockpiles in advance.