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Freelance Rate Calculator
Calculate your ideal hourly or project rate as a freelancer. Factor in expenses, taxes, and desired income to set competitive rates.
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Fill in the fields above and click Calculate to see your results.
How to use
Calculate your ideal hourly or project rate as a freelancer. Factor in expenses, taxes, and desired income to set competitive rates.
How it's calculated
Minimum Hourly Rate
(annual_income_goal + annual_expenses) / (1 - tax_rate / 100) / (billable_hours_per_week * weeks_per_year)
The minimum you should charge per hour to meet your goals
Total Billable Hours / Year
billable_hours_per_week * weeks_per_year
Total hours you can bill clients each year
Gross Revenue Needed
(annual_income_goal + annual_expenses) / (1 - tax_rate / 100)
Total revenue needed before taxes and expenses
Examples
Mid-level developer freelancer
- Tax Rate:20
- Working Weeks Per Year:48
- Annual Business Expenses:20,000,000
- Desired Annual Income:120,000,000
- Billable Hours Per Week:30
Frequently Asked Questions
How do I set my freelance rate?
Start with your desired income, add business expenses and taxes, then divide by your billable hours. Always add a buffer for non-billable time like admin, marketing, and client communication.
What counts as billable hours?
Billable hours are time spent directly on client work. Non-billable time includes admin tasks, networking, learning, and business development — typically 30-40% of your total working time.
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