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Freelance Hourly Rate Calculator

Setting a freelance rate by guessing what sounds fair is how people end up underpaid. This calculator works backwards from the income you actually want. Enter your target take-home annual income, how many billable hours you realistically work per week, the number of working weeks per year (leaving room for holidays and admin time), your yearly business expenses and the share of income that goes to tax, and it computes the hourly rate you must charge to hit your goal. The key insight it captures is that only a fraction of your hours are billable and that expenses and tax come off the top, so your rate has to be higher than a simple salary-divided-by-hours figure. Use it to price new projects with confidence. Everything runs locally in your browser.

How to use Freelance Hourly Rate Calculator

  1. Enter your target income.
  2. Enter your billable hours.
  3. Enter your expenses and tax rate.
  4. Read the hourly rate you need to charge.

Frequently asked questions

How does it set my hourly rate?

It works from your target income, expenses and tax rate to the revenue you need, then divides by your billable hours to get the rate to charge.

Why are billable hours lower than working hours?

Admin, marketing and downtime are not billable, so your billable hours are only part of your week and the rate must cover the rest.

Does it account for taxes and expenses?

Yes. It adds your expenses and grosses up for your tax rate so your take-home hits the target income.

What is Freelance Hourly Rate Calculator?

Setting a freelance rate by guessing what sounds fair is how people end up underpaid. This calculator works backwards from the income you actually want.

Is Freelance Hourly Rate Calculator free to use?

Yes. Freelance Hourly Rate Calculator is completely free, with no sign-up and no usage limits.

Does Freelance Hourly Rate Calculator work in a web browser?

Yes. Freelance Hourly Rate Calculator runs in any modern web browser. There is nothing to download or install.

Is my data private with Freelance Hourly Rate Calculator?

Yes. Freelance Hourly Rate Calculator runs entirely on your device in your browser, so nothing you enter is uploaded to a server.

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