Freelance Rate Calculator
Set an hourly rate that actually covers your income goal and costs. Enter your target income, expenses, and billable hours.
Quick answer: enter your details below and click Calculate — your result appears instantly, right here in your browser. Nothing you enter is uploaded or stored.
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Calculators
Enter your details below.
How to use
- Enter the annual income you want to earn.
- Enter your annual business expenses.
- Enter your billable hours for the year, then read your hourly and day rates.
About this tool
This tool adds your desired annual income to your annual business expenses, then divides by the hours you realistically bill in a year. That gives the hourly rate you need to charge. Multiplying the hourly rate by 8 gives a matching day rate.
Frequently asked questions
What counts as billable hours?
Only hours clients actually pay for. Admin, marketing, and holidays do not count, so a full-time year is often far fewer than 2,000 billable hours.
Should I include taxes in expenses?
Yes, include an allowance for taxes and other costs in expenses so your rate covers your real outgoings.