FREE FREELANCE CALCULATOR
Freelance Hourly Rate Calculator
Find out how much you should charge per hour based on your income goal, expenses, taxes, working schedule and billable time.
Your details
Adjust the numbers below to match your situation.
Recommended hourly rate
per billable hour
Yearly revenue needed
$81,000.00
Monthly revenue target
$6,750.00
Billable hours/year
1,152
Working weeks/year
48
How is your freelance rate calculated?
Your hourly rate needs to cover more than your salary. Freelancers also need to account for taxes, business expenses, vacation time and hours spent on non-billable work such as marketing, administration and finding clients.
Your current estimate
To reach a take-home income of $60,000.00, your business needs to generate approximately $81,000.00 per year. With about 1,152 billable hours available, your estimated minimum rate is $70.31 per hour.