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Freelance Rate Calculator
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Calculate your ideal hourly or project rate based on desired income, expenses, and billable hours.
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A Freelance Rate Calculator that helps independent contractors and freelancers determine their ideal hourly, daily, and monthly rates based on desired net income, business expenses, vacation time, billable hours, tax rate, and profit buffer.
How to Use Freelance Rate Calculator
Enter your desired annual net income, monthly business expenses, vacation weeks, billable hours per day, income tax rate, and desired profit margin. Click Calculate Rate to see your minimum hourly, day, and monthly rates with a full breakdown.
Features
- ✓ Calculates hourly, daily, and monthly rates
- ✓ Accounts for taxes, expenses, and buffer
- ✓ Vacation time factored in
- ✓ Full cost breakdown table
- ✓ Pre-filled with realistic defaults
Use Cases
- → Setting your freelance rates
- → Pricing a consulting engagement
- → Planning a solo business
- → Negotiating contracts
Frequently Asked Questions
A profit buffer (typically 15–25%) covers unexpected expenses, non-billable administrative time, marketing, and periods between clients. It ensures your rate is sustainable long-term.
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