To add to my previous and somewhat repeat what others have said,
This last year has shown me that it is very hard/almost impossible to make woodturning a viable source of income as a hobbyist, there just isn't enough time to be able to make stock, plan/do shows/events, keep rented shop space stocked & rotated all at the same time as having a job, I'm fairly lucky that my job has a house on site so I don't lose time travelling to and from work but even so I still only get around 3 hours a day free once i have lunch and walk the dogs, I could also do weekends but then there's no home/family time with my partner and our dogs.
In my opinion the only way to make an income would be to do it full time, have more than just turned items and spend every weekend selling at craft shows alongside having stuff stocked in shops and selling online.
Pricing of our items is a subject that seems to divide people here, many think it's OK to charge very little as long as cost of materials are covered and I have had discussion with people that think I price too high considering I don't pay for most of my woods, my argument there is that if I only account for my time and not the material then when I do have to buy wood for a piece then I either loose money by charging for the wood and not my time or have to explain why it's so much more money than other similar/identical pieces, also by selling at such low prices I would be devaluing the work of people who actually rely on it as an income, ultimately something is only worth what people are willing to pay for it but as a seller it shouldn't make a difference if you pay for the logs/boards, price your items based on paying for the material and your time making it.