Freelance Rate Calculator – Calculate Your Ideal Hourly Rate
Find your perfect freelance rate with our easy-to-use calculator. Factor in expenses, income goals, and working hours to charge what you're worth and grow your business.
Take the guesswork out of setting your freelance rates! Our Freelance Rate Calculator helps you determine the ideal hourly or project rate based on your expenses, income goals, and working hours. Whether you’re just starting out or adjusting your pricing, this tool ensures you’re charging what you’re worth.
Why Use Our Freelance Rate Calculator?
- Accurate and reliable - Get a rate that covers your expenses and generates a profit
- Guided workflow - Step-by-step process to ensure accurate results
- Tailored to freelancers - Designed with the unique challenges of freelancing in mind
- Fast and easy - Get your rate in minutes, no complicated math required
- Make data-driven decisions - save time and reduce guesswork
- Available 24/7 - anytime you need it
How It Works
- Enter Your Expenses - Include business costs like software, marketing, and office supplies.
- Set Your Income Goal - Define how much you want to earn annually.
- Set Your Working Hours - Choose how many hours you plan to work each week.
- Adjust for Taxes and Profit - Factor in taxes and any desired profit margin.
- Get Your Ideal Rate - Instantly see your recommended hourly or project rate!
- Available 24/7 - anytime you need it
Why It Matters
Setting the right rate is key to running a sustainable freelance business. Undercharging can lead to burnout, while overcharging may push away clients. Our calculator helps you strike the perfect balance so you can confidently charge for your value.
Start Calculating Your Freelance Rate Now
Complete all the fields and you will find your rate in the summary. Do not fill in any of the label fields!
- Suggested Project Rate: Adjust based on project scope and time estimates (Project Duration * Hourly Rate)
- Do not include your salary in monthly expenses but put it as your income goals including any benefits and commissions you wish to pay yourself.
