Freelance Hourly Rate Calculator

Determine the freelance hourly rate you need to charge based on expenses and target salary. This calculator determines the minimum hourly rate you need to charge to cover your personal income target, taxes/overhead, and time off.

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Formula & Math Logic

Required Rate = (Target Net Income + Business Expenses) / (Billable Weeks * Billable Hours/Week)

Worked Calculation Example

Targeting $80k Net, $12k Expenses

Working 25 billable hours/week for 48 weeks, you need to bill $76.67/hour.

Frequently Asked Questions (FAQ)

Why use billable hours instead of 40 hours?

Freelancers spend significant unpaid time on admin, sales, marketing, and invoices.

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