Freelance Hourly Rate Calculator
Calculate your optimal freelance hourly rate.
About this calculator
Setting the right hourly rate is one of the toughest hurdles for freelancers. Charge too little and you'll struggle to cover taxes, healthcare, and unpaid admin time; charge too much and prospects may pass you by. This calculator reverse-engineers your ideal rate by accounting for billable hours, business overhead, time off, and desired annual income. Simply plug in your targets and expenses, then see a realistic minimum rate alongside stretch goals for higher profit margins. Whether you're a designer, developer, or virtual assistant, use the output as a data-backed starting point for negotiations — and tweak the inputs anytime as your career evolves.
Frequently Asked Questions
How many hours should I plan to work annually?
Most freelancers work 1,500-2,000 billable hours per year (30-40 hours/week). Remember to account for sick days, vacation, and non-billable activities like marketing and admin work.
What business expenses should I include?
Include software subscriptions, equipment, insurance, taxes, marketing, professional development, and a buffer for unexpected costs. Don't forget self-employment taxes if you're in the US.
Should I charge the same rate for all clients?
Not necessarily. You might charge premium rates for rush jobs, specialized skills, or difficult clients. Use this calculator as your baseline minimum.
How often should I raise my rates?
Review annually or after gaining significant new skills/experience. Loyal clients typically accept 5-10% increases, especially if you provide advance notice and added value.
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