Freelancer Rate Calculator — Calculate Your Hourly Rate Free
Free freelancer rate calculator. Calculate what hourly rate you need to charge based on your desired income, business expenses, and billable hours.
Recommended Hourly Rate
$85/hr
Gross Annual Income Needed: $106,076
Daily rate (8h)$680
Weekly Rate (40h)$3,400
Billable Hours / Yr1248 hrs
Freelancer Calculator Settings
$80,000
$12,000
15.3%
Billable Hours
Unlike full-time employees, freelancers do not get paid for administrative tasks, business pitches, vacation, or sick days. Out of a standard 52-week year, subtracting 4 weeks of time-off leaves 48 working weeks. At 65% billable efficiency, only 1248 hours are actively charged to clients per year.
Charging this minimum rate ensures you cover all self-employment taxes, business overhead expenditures, vacation benefits, and achieve your target take-home salary income.