February 25, 2024
This article provides tips and strategies for making money in Skyrim, including completing quests and side missions, selling loot, crafting, trading, mining, housebuilding, and pickpocketing.

How to Make Money on Skyrim: Tips and Strategies

Skyrim is a vast and immersive game that offers players endless hours of exploration and adventure. Whether you’re a warrior, a mage, or a stealthy assassin, one thing is certain – you’ll need gold to survive. Earning gold in Skyrim can be challenging, especially if you’re just starting out and don’t know where to look. But fear not, because this article will provide you with tips and strategies for making money in Skyrim.

Quests and Side Missions

One of the most common ways to earn gold in Skyrim is by completing quests and side missions. Not only do they offer exciting stories and adventures, but they also reward players with gold, among other things. Quests can be found all throughout Skyrim, from small villages to large cities. Some quests offer higher payouts than others, so it’s important to choose carefully. For example, the “Dark Brotherhood” questline offers large sums of gold for completing certain tasks. Likewise, the “Thieves Guild” quests are known to reward players with valuable items that can be sold for a large profit.

To maximize your rewards from quests, it’s important to complete them fully and not rush through them. Take the time to explore each area and search for hidden treasures. Some quests also offer bonus rewards for completing certain objectives, so be sure to read the quest descriptions and pay attention to what the NPCs are telling you.

Selling Loot

Another way to earn gold in Skyrim is by selling loot. Loot consists of items that you can find in various locations throughout the game, such as dungeons, caves, and bandit camps. Some items are worth more than others, so it’s important to know what to look for. Common items include weapons, armor, and jewelry, as well as ingredients for crafting potions and food.

To sell your loot, you can visit various merchants throughout Skyrim. General stores and blacksmiths often buy weapons and armor, while alchemists and cooking vendors buy ingredients. The value of the items you sell depends on your speech skill, as well as any enchantments or enhancements on the items themselves. To increase the value of your items, you can use enchanting and smithing to improve their stats.


Crafting skills can also be used to make items that can be sold for a profit. There are several crafting skills in Skyrim, including smithing, alchemy, and enchanting. Smithing allows players to create armor and weapons, while alchemy allows players to create potions and poisons. Enchanting allows players to enchant weapons and armor with special abilities, making them more valuable.

To level up your crafting skills, it’s important to practice regularly and use the best materials you can find. Smithing, for example, requires ore and metal ingots to create armor and weapons. Alchemy requires various ingredients that can be found in the wilderness or bought from vendors. To make the most valuable items, it’s important to invest in perks that allow you to create enhanced items.


Merchants in Skyrim offer different prices for items, so it’s important to find the best prices. Some merchants specialize in certain types of items, such as blacksmiths who buy weapons and armor. Others may offer better prices for certain items, such as alchemists who buy ingredients for potions and poisons.

To find the best prices, you can invest in perks that allow you to barter better. The speech skill also plays a role in how much merchants will pay for your items. Additionally, some items can be sold to specific factions or groups for a greater profit.


Mining and chopping wood can be a reliable source of income in Skyrim. Ore veins and woodcutting spots can be found throughout the game world, and they respawn after a certain amount of time. Mining can yield ore and precious gems that can be sold for a large amount of gold, while chopping wood can be sold to vendors or used for crafting.

It’s important to note that mining and woodcutting can be dangerous activities, as they may attract hostile creatures or NPCs. Some areas may also be heavily guarded, which can make mining and woodcutting more challenging.


Building a house in Skyrim can be a worthwhile investment, especially if you’re looking for a reliable source of income. Houses can be built in various locations throughout Skyrim, and they offer several benefits. Some houses come with crafting stations, while others offer unique merchants that can sell valuable items.

To make money from your house, you can rent it out to NPCs. Depending on the location and quality of the house, you can earn large sums of gold from renting. Additionally, houses can be customized with various decorations and furnishings, which can increase their value and make them more appealing to renters.


While not the most honorable way of earning gold, pickpocketing can be a lucrative activity for stealthy players. Pickpocketing involves stealing items from NPCs without being detected. Valuable items such as jewelry, gems, and lockpicks can be pickpocketed and sold for gold.

However, pickpocketing is a risky activity, as it can lead to consequences such as being caught and fined, or even attacked by NPCs. To avoid getting caught, it’s important to invest in perks that improve your pickpocketing skill, as well as use invisibility potions or spells to remain undetected.


There are many ways to earn gold in Skyrim, ranging from completing quests to engaging in more dubious activities like pickpocketing. By using the tips and strategies outlined in this article, you can maximize your earnings and enjoy all that Skyrim has to offer.

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