Freelance Rate Calculator
Estimate an hourly and project rate from income goals, costs, taxes, and billable hours.
Finance and pricing
Finance
Inputs
Freelance Rate Calculator
Results update as you type.
Live result
Required annual revenue
$136,000.00
Target hourly rate
$113.33
Example project rate
$2,266.67
Scenario compare
Save scenario A, change a few inputs, then save scenario B.
Scenario A
Not saved yet
Scenario B
Not saved yet
Quick check
Change one or two inputs to compare a second scenario before using the number.
Need more detail?
Formula, examples, and FAQ stay tucked away until you need them.
FXFormula ExplanationThe core logic behind the numbers on this page.+
Our freelance rate calculator uses a transparent arithmetic formula to provide an estimate based on the inputs you provide. You can adjust the editable assumptions to match your specific situation, such as varying rates or rules. This calculator is designed to give you a rough estimate for planning purposes only. The formula takes into account your income goals, costs, taxes, and billable hours to provide a comprehensive estimate. By adjusting the assumptions, you can tailor the calculator to your unique needs and circumstances.
USEHow to UseA short path from input to result.+
- Enter the requested inputs.
- Keep any editable rule or rate fields aligned with your situation.
- Review the result and notes before using the estimate.
EXExamplesReference scenarios to sanity-check your inputs.+
Adjust the defaults to match your scenario, then calculate the estimate.
FAQFAQCommon edge cases and quick clarifications.+
What is the purpose of this calculator?
This calculator helps you estimate your freelance hourly and project rates based on income goals, costs, taxes, and billable hours.
Can I adjust the assumptions?
Yes, you can edit the rate and rule fields to match your specific situation.
Is this calculator original?
Yes, this calculator uses an original implementation and copywriting.
What is the purpose of the notes section?
The notes section provides additional information and cautions to keep in mind when using the calculator, such as the importance of verifying estimates against official or current rules when making financial decisions.
How accurate is the estimate?
The calculator provides a rough estimate for planning purposes only. It's essential to verify the estimate against official or current rules when making financial decisions.