Finance Tools / Freelance Hourly Rate Calculator
Freelance Hourly Rate Calculator
Work out what to charge per hour based on your income goal.
💼
Freelance Hourly Rate Calculator
Work out what to charge per hour based on your income goal.
Features
- Factors in business expenses
- Adjustable billable hours and weeks
- Shows total billable hours per year
- 100% free, no signup
How to Use
Step 1
Enter your desired annual income and expenses.
Step 2
Enter billable hours per week and working weeks per year.
Step 3
Click Calculate Hourly Rate to see your target rate.
About This Tool
Freelance Hourly Rate Calculator works out what to charge per hour by combining your desired annual income, business expenses, and realistic billable hours per week, so your rate actually supports your target income.
Frequently Asked Questions
Why are billable hours usually less than total work hours?
Time spent on admin, marketing, and finding clients is not billable, so realistic billable hours are usually well below a full 40-hour week.
Should I include taxes in expenses?
You can include an estimate for taxes as part of your expenses if you want your rate to fully cover them.