Freelance Rate Calculator
How much should you charge as a freelancer?
Calculate your minimum freelance hourly and day rate based on your target income, business expenses, holidays and billable working time.
Calculator inputs
Desired annual income. Annual business expenses. Extra annual cushion. Hours worked per week. Holiday weeks. Other non-working weeks. Billable time.
Your Freelance Rate
Hourly rate. Day rate. Revenue target.
Working weeks, total working hours, billable hours, revenue required, hourly rate and day rate are calculated from your inputs.
How much should I charge per hour as a freelancer?
Your freelance hourly rate should cover client work, business expenses, holidays and non-billable time spent on admin, quotes, emails, bookkeeping and finding new work.
How is a freelance rate calculated?
Revenue required divided by annual billable hours equals the minimum hourly rate. Revenue required includes desired income, business expenses and any extra annual cushion.
Why are billable hours important?
Freelancers cannot usually invoice every working hour. Administration, planning, marketing, sales and client communication reduce billable hours.
What counts as a business expense?
Software, insurance, equipment, accountancy, travel, phone costs, hosting, subscriptions, marketing and training can all affect your rate.