Freelance Rate Calculator

Calculate your ideal freelance hourly rate based on your expenses, billable hours, and desired profit margin.

Annual Expenses
Enter your annual expenses to calculate your minimum required income.
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Total Annual Expenses:$0
Your Freelance Rate
Based on your expenses and work parameters
Minimum Hourly Rate
$0
Just to cover expenses
Recommended Hourly Rate
$0
Includes 20% profit margin
Effective Hourly Rate
$0
When including non-billable hours
Annual Income:$0
Monthly Income:$0
Annual Expenses:$0
Annual Profit:$0
Expense Breakdown
Visualization of your annual expenses
Rate Comparison
Comparison of different hourly rates

How to Use This Calculator

1. Enter Your Expenses

Start by entering all your annual expenses, including living costs, business expenses, and savings goals.

2. Set Your Work Parameters

Define your billable hours, non-billable time, working weeks, and desired profit margin.

3. Review Your Rates

The calculator will show your minimum required rate, recommended rate with profit margin, and effective hourly rate.

Freelance Rate Tips

Track Your Time

Regularly track your billable and non-billable hours to refine your rate calculations.

Value-Based Pricing

Consider charging based on the value you provide rather than just time for certain projects.

Review Annually

Reassess your rate at least once a year to account for increased expenses and experience.

Market Research

Research rates in your industry and location to ensure your pricing is competitive.