Freelance Rate Calculator
The hourly and day rate you need to charge to reach a target income.
Results
Hourly rate
39.77
Amount
318.18
Hours
1056
h
What this tool does
The trap in freelancing is billing as if every working hour were sellable. Admin, sales, holidays and sick days are not billable, so a realistic billable share is usually 50–70 % — set it honestly and the rate that comes out is the one that actually works.
Formula
hour = (wanted yield + costs) ÷ billable hours
Variables
| Symbol | Meaning | Unit |
|---|---|---|
inc | Amount | — |
cst | Cost | — |
wk | Weeks | — |
hw | Hours | — |
bl | Percentage | % |
R | Hourly rate | — |
D | Amount | — |
BH | Hours | h |
Worked example
- Amount36,000
- Cost6000
- Weeks44
- Hours40
- Percentage60 %
- Hourly rate39.77
- Amount318.18
- Hours1056 h
Limitations
- This is an informational calculator, not personalised financial advice. Rates, fees, taxes and contract conditions vary between institutions and countries.
- The tool works with whatever currency you use for the inputs; it does not convert between currencies.
- Tax rates and rounding rules differ between countries and sometimes between regions. Use the rate that applies to your invoice.