diff --git a/core/src/banking_stage/transaction_scheduler/prio_graph_scheduler.rs b/core/src/banking_stage/transaction_scheduler/prio_graph_scheduler.rs
index e17f34d3223411..e76de0e8c8ac49 100644
--- a/core/src/banking_stage/transaction_scheduler/prio_graph_scheduler.rs
+++ b/core/src/banking_stage/transaction_scheduler/prio_graph_scheduler.rs
@@ -257,11 +257,13 @@ impl PrioGraphScheduler {
     pub fn receive_completed(
         &mut self,
         container: &mut TransactionStateContainer,
+        lamports_per_signature: u64,
     ) -> Result<(usize, usize), SchedulerError> {
         let mut total_num_transactions: usize = 0;
         let mut total_num_retryable: usize = 0;
         loop {
-            let (num_transactions, num_retryable) = self.try_receive_completed(container)?;
+            let (num_transactions, num_retryable) =
+                self.try_receive_completed(container, lamports_per_signature)?;
             if num_transactions == 0 {
                 break;
             }
@@ -276,6 +278,7 @@ impl PrioGraphScheduler {
     fn try_receive_completed(
         &mut self,
         container: &mut TransactionStateContainer,
+        lamports_per_signature: u64,
     ) -> Result<(usize, usize), SchedulerError> {
         match self.finished_consume_work_receiver.try_recv() {
             Ok(FinishedConsumeWork {
@@ -307,6 +310,7 @@ impl PrioGraphScheduler {
                                     transaction,
                                     max_age_slot,
                                 },
+                                lamports_per_signature,
                             );
                             retryable_iter.next();
                             continue;
@@ -500,6 +504,8 @@ mod tests {
         std::borrow::Borrow,
     };
 
+    const TEST_LAMPORTS_PER_SIGNATURE: u64 = 5_000;
+
     macro_rules! txid {
         ($value:expr) => {
             TransactionId::new($value)
@@ -581,6 +587,7 @@ mod tests {
                     compute_unit_limit: 1,
                 },
                 transaction_cost,
+                TEST_LAMPORTS_PER_SIGNATURE,
             );
         }
 
@@ -753,7 +760,9 @@ mod tests {
                 retryable_indexes: vec![],
             })
             .unwrap();
-        scheduler.receive_completed(&mut container).unwrap();
+        scheduler
+            .receive_completed(&mut container, TEST_LAMPORTS_PER_SIGNATURE)
+            .unwrap();
         let scheduling_summary = scheduler
             .schedule(&mut container, test_pre_graph_filter, test_pre_lock_filter)
             .unwrap();
diff --git a/core/src/banking_stage/transaction_scheduler/scheduler_controller.rs b/core/src/banking_stage/transaction_scheduler/scheduler_controller.rs
index 225ff6a53e18c5..a4d0d60c2b1d9d 100644
--- a/core/src/banking_stage/transaction_scheduler/scheduler_controller.rs
+++ b/core/src/banking_stage/transaction_scheduler/scheduler_controller.rs
@@ -237,8 +237,11 @@ impl SchedulerController {
 
     /// Receives completed transactions from the workers and updates metrics.
     fn receive_completed(&mut self) -> Result<(), SchedulerError> {
-        let ((num_transactions, num_retryable), receive_completed_time_us) =
-            measure_us!(self.scheduler.receive_completed(&mut self.container)?);
+        let bank = self.bank_forks.read().unwrap().working_bank();
+        let lamports_per_signature = bank.get_lamports_per_signature();
+        let ((num_transactions, num_retryable), receive_completed_time_us) = measure_us!(self
+            .scheduler
+            .receive_completed(&mut self.container, lamports_per_signature)?);
         saturating_add_assign!(self.count_metrics.num_finished, num_transactions);
         saturating_add_assign!(self.count_metrics.num_retryable, num_retryable);
         saturating_add_assign!(
@@ -299,6 +302,7 @@ impl SchedulerController {
     fn buffer_packets(&mut self, packets: Vec<ImmutableDeserializedPacket>) {
         // Sanitize packets, generate IDs, and insert into the container.
         let bank = self.bank_forks.read().unwrap().working_bank();
+        let lamports_per_signature = bank.get_lamports_per_signature();
         let last_slot_in_epoch = bank.epoch_schedule().get_last_slot_in_epoch(bank.epoch());
         let transaction_account_lock_limit = bank.get_transaction_account_lock_limit();
         let feature_set = &bank.feature_set;
@@ -355,6 +359,7 @@ impl SchedulerController {
                     transaction_ttl,
                     priority_details,
                     transaction_cost,
+                    lamports_per_signature,
                 ) {
                     saturating_add_assign!(self.count_metrics.num_dropped_on_capacity, 1);
                 }
diff --git a/core/src/banking_stage/transaction_scheduler/transaction_state_container.rs b/core/src/banking_stage/transaction_scheduler/transaction_state_container.rs
index 7c95f843537934..e56659252eb02c 100644
--- a/core/src/banking_stage/transaction_scheduler/transaction_state_container.rs
+++ b/core/src/banking_stage/transaction_scheduler/transaction_state_container.rs
@@ -127,17 +127,17 @@ impl TransactionStateContainer {
         transaction_ttl: SanitizedTransactionTTL,
         transaction_priority_details: TransactionPriorityDetails,
         transaction_cost: TransactionCost,
+        lamports_per_signature: u64,
     ) -> bool {
-        let priority_id =
-            TransactionPriorityId::new(transaction_priority_details.priority, transaction_id);
-        self.id_to_transaction_state.insert(
-            transaction_id,
-            TransactionState::new(
-                transaction_ttl,
-                transaction_priority_details,
-                transaction_cost,
-            ),
+        let state = TransactionState::new(
+            transaction_ttl,
+            transaction_priority_details,
+            transaction_cost,
         );
+        let priority = Self::calculate_prioritization(lamports_per_signature, &state);
+        self.id_to_transaction_state.insert(transaction_id, state);
+
+        let priority_id = TransactionPriorityId::new(priority, transaction_id);
         self.push_id_into_queue(priority_id)
     }
 
@@ -147,11 +147,13 @@ impl TransactionStateContainer {
         &mut self,
         transaction_id: TransactionId,
         transaction_ttl: SanitizedTransactionTTL,
+        lamports_per_signature: u64,
     ) {
         let transaction_state = self
             .get_mut_transaction_state(&transaction_id)
             .expect("transaction must exist");
-        let priority_id = TransactionPriorityId::new(transaction_state.priority(), transaction_id);
+        let priority = Self::calculate_prioritization(lamports_per_signature, transaction_state);
+        let priority_id = TransactionPriorityId::new(priority, transaction_id);
         transaction_state.transition_to_unprocessed(transaction_ttl);
         self.push_id_into_queue(priority_id);
     }
@@ -176,6 +178,16 @@ impl TransactionStateContainer {
             .remove(id)
             .expect("transaction must exist");
     }
+
+    /// Calculate prioritization for a transaction.
+    fn calculate_prioritization(lamports_per_signature: u64, state: &TransactionState) -> u64 {
+        let compute_unit_price = state.transaction_priority_details().priority;
+        let signature_fees =
+            lamports_per_signature * state.transaction_ttl().transaction.signatures().len() as u64;
+        let cost = state.transaction_cost().sum();
+
+        signature_fees / cost + compute_unit_price
+    }
 }
 
 #[cfg(test)]
@@ -196,6 +208,8 @@ mod tests {
         },
     };
 
+    const TEST_LAMPORTS_PER_SIGNATURE: u64 = 5_000;
+
     fn test_transaction(
         priority: u64,
     ) -> (
@@ -243,6 +257,7 @@ mod tests {
                 transaction_ttl,
                 transaction_priority_details,
                 transaction_cost,
+                TEST_LAMPORTS_PER_SIGNATURE,
             );
         }
     }