Free tool
Freelance Hourly Rate Calculator
Work out the hourly rate you need from your income goal, expenses, tax and billable hours.
Hourly rate
44.68
Day rate (6 billable hrs)
268.09
Yearly revenue needed
52,500.00
Billable hours / year
1175
About this tool
Freelancers often forget unpaid time, tax and holidays. Enter your monthly target, costs and realistic billable hours to get a rate that actually pays your bills.
How to use it
- Enter your target monthly take-home and monthly expenses.
- Set your tax percentage and weeks off per year.
- Enter billable hours per week to get your rate.
Frequently asked questions
What are billable hours?
Hours you can invoice. Admin and marketing time are usually unbillable, so 20 to 30 per week is common.
Should I add tax?
Yes. Enter your estimated tax percentage.
Can a better CV raise my rate?
A sharper CV and profile help you win higher-paying work.
Want a recruiter-ready CV written for you?