Freelance Rate Calculator

Work backwards from the income you want, your costs and the hours you can actually bill.

Hourly rate $62.32
  • Day rate (8 hours) $498.55
  • Yearly revenue needed $86,000.00
  • Billable hours per year 1,380

Formula

  • Revenue needed = income ÷ (1 − tax rate) + expenses
  • Hourly rate = revenue ÷ (hours per week × working weeks)

Frequently asked questions

How many hours can a freelancer bill?

Most freelancers bill 50%–75% of their working time; the rest goes on admin, sales and learning.

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