Freelance hourly rate calculator
Calculate a starting hourly rate from business income, costs, reserves and realistic billable time. See the annual revenue your rate must cover.
Your result
Check each field. Use valid numbers within the stated limits.
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How the calculation works
Add your monthly business-income target, costs and reserve, then multiply by 12. Divide this revenue requirement by working weeks × weekly hours × billable percentage. Round the hourly rate up to the next penny. Administration, sales, holidays and unfilled time cannot also be billed. This is a planning floor, before personal tax, not a recommended market rate.
Continue with a practical guide
Calculate an hourly rate from realistic billable hours
Work backwards from annual costs and a before-tax income target, then check how non-billable time changes the hourly rate you need.
Read the guide ↗