Freelance Rate Calculator

Calculate the hourly rate you need to charge to hit a target annual income as a freelancer.

Freelance Rate Calculator

Calculate the hourly rate you need to charge to hit a target annual income as a freelancer.

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Real-World Examples

Full-time freelancer

$100,000 income, 48 weeks, 30 hrs/week, $5,000 expenses

$73.61/hour

Side hustle

$30,000 income, 50 weeks, 15 hrs/week, $1,000 expenses

$41.33/hour

Common Mistakes to Avoid

Forgetting to include business expenses

Fix: Freelancers pay for software, equipment, and other costs that employees do not. Add these to your desired income to find the rate that truly covers your needs.

Using all 52 weeks without vacation

Fix: Most freelancers take time off. Use 46-48 weeks to account for holidays, sick days, and vacation, which raises the rate you need to charge.

Billing for non-billable hours

Fix: Admin, marketing, and client communication are not billable. Only count hours you can actually bill clients in the hours-per-week field.

Frequently Asked Questions