Hourly Rate Calculator

Calculate your ideal freelance hourly rate. Factor in desired salary, business expenses, taxes, billable hours, and profit margin.

Calculate Your Freelance Rate

Pricing your services correctly is critical for freelance success. This calculator factors in your desired take-home salary, business expenses, taxes, vacation time, billable hours, and profit margin to determine the hourly rate you need to charge.

How to Use

  1. Enter your desired annual take-home salary
  2. Add monthly business expenses (software, equipment, etc.)
  3. Set your estimated tax rate
  4. Specify vacation weeks and billable hours per week
  5. Set your desired profit margin
  6. View your base rate plus economy, standard, premium, and expert tiers

Why Freelancers Need Higher Rates

As a freelancer, you pay self-employment tax, health insurance, and all business expenses yourself. Not all hours are billable — time spent on marketing, admin, and invoicing is unbilled. A 30-hour billable week is typical, not 40. This calculator accounts for all these factors.