diff --git a/addons/product/report/product_label_report.py b/addons/product/report/product_label_report.py
index f2c0b3bcb61..6a934f2d4f8 100644
--- a/addons/product/report/product_label_report.py
+++ b/addons/product/report/product_label_report.py
@@ -43,6 +43,7 @@ def _prepare_data(env, data):
         'page_numbers': (total - 1) // (layout_wizard.rows * layout_wizard.columns) + 1,
         'price_included': data.get('price_included'),
         'extra_html': layout_wizard.extra_html,
+        'pricelist': layout_wizard.pricelist_id,
     }
 
 class ReportProductTemplateLabel(models.AbstractModel):
diff --git a/addons/product/report/product_product_templates.xml b/addons/product/report/product_product_templates.xml
index 794d53bd41d..4268b451dcf 100644
--- a/addons/product/report/product_product_templates.xml
+++ b/addons/product/report/product_product_templates.xml
@@ -21,12 +21,8 @@
                             <div class="o_label_extra_data">
                                 <t t-out="extra_html"/>
                             </div>
-                            <t t-if="product.is_product_variant">
-                                <strong class="o_label_price" t-field="product.lst_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                            </t>
-                            <t t-else="">
-                                <strong class="o_label_price" t-field="product.list_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                            </t>
+                            <strong class="o_label_price" t-out="pricelist._get_product_price(product, 1, pricelist.currency_id or product.currency_id)"
+                                    t-options="{'widget': 'monetary', 'display_currency': pricelist.currency_id or product.currency_id, 'label_price': True}"/>
                         </div>
                         <div class="o_label_clear"></div>
                     </div>
@@ -43,12 +39,8 @@
                         <strong t-field="product.display_name"/>
                     </div>
                     <div class="text-end" style="padding-top:0;padding-bottom:0">
-                        <t t-if="product.is_product_variant">
-                            <strong class="o_label_price_medium" t-field="product.lst_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                        </t>
-                        <t t-else="">
-                            <strong class="o_label_price_medium" t-field="product.list_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                        </t>
+                        <strong class="o_label_price_medium" t-out="pricelist._get_product_price(product, 1, pricelist.currency_id or product.currency_id)"
+                                t-options="{'widget': 'monetary', 'display_currency': pricelist.currency_id or product.currency_id, 'label_price': True}"/>
                     </div>
                     <div class= "text-center o_label_small_barcode">
                         <span class="text-nowrap" t-field="product.default_code"/>
@@ -74,12 +66,8 @@
                             <span class="text-nowrap" t-field="product.default_code"/>
                         </div>
                         <div class="o_label_price_medium text-end">
-                            <t t-if="product.is_product_variant">
-                                <strong t-field="product.lst_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                            </t>
-                            <t t-else="">
-                                <strong t-field="product.list_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                            </t>
+                            <strong t-out="pricelist._get_product_price(product, 1, pricelist.currency_id or product.currency_id)"
+                                t-options="{'widget': 'monetary', 'display_currency': pricelist.currency_id or product.currency_id, 'label_price': True}"/>
                         </div>
                     </t>
                     <t t-else="">
@@ -117,12 +105,8 @@
                         <small class="text-nowrap" t-field="product.default_code"/>
                     </div>
                     <div class="text-end" style="padding: 0 4px;">
-                        <t t-if="product.is_product_variant">
-                            <strong class="o_label_price_small" t-field="product.lst_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                        </t>
-                        <t t-else="">
-                            <strong class="o_label_price_small" t-field="product.list_price" t-options="{'widget': 'monetary', 'label_price': True}"/>
-                        </t>
+                        <strong class="o_label_price_small" t-out="pricelist._get_product_price(product, 1, pricelist.currency_id or product.currency_id)"
+                                t-options="{'widget': 'monetary', 'display_currency': pricelist.currency_id or product.currency_id, 'label_price': True}"/>
                         <div class="o_label_extra_data">
                             <t t-out="extra_html"/>
                         </div>
diff --git a/addons/product/wizard/product_label_layout.py b/addons/product/wizard/product_label_layout.py
index 2efe462548b..df4a74aa620 100644
--- a/addons/product/wizard/product_label_layout.py
+++ b/addons/product/wizard/product_label_layout.py
@@ -22,6 +22,7 @@ class ProductLabelLayout(models.TransientModel):
     extra_html = fields.Html('Extra Content', default='')
     rows = fields.Integer(compute='_compute_dimensions')
     columns = fields.Integer(compute='_compute_dimensions')
+    pricelist_id = fields.Many2one('product.pricelist', string="Pricelist")
 
     @api.depends('print_format')
     def _compute_dimensions(self):
diff --git a/addons/product/wizard/product_label_layout_views.xml b/addons/product/wizard/product_label_layout_views.xml
index 6d14b5ad2e3..102365dbc26 100644
--- a/addons/product/wizard/product_label_layout_views.xml
+++ b/addons/product/wizard/product_label_layout_views.xml
@@ -14,6 +14,7 @@
                         <field name="print_format" widget="radio"/>
                     </group>
                     <group>
+                        <field name="pricelist_id" groups="product.group_product_pricelist"/>
                         <field name="extra_html" widget="html" invisible="print_format not in ('dymo', '2x7xprice')"/>
                     </group>
                 </group>