CCalcvers

Freelance Rate Calculator

Hourly rate to hit your income target.

Your details

After-tax income you want to make.

weeks

Weeks you actually bill — exclude holidays, admin and time off.

h

Hours you can realistically invoice each week.

Software, equipment, insurance, marketing.

%

Combined income tax + self-employment taxes.

Compare scenarios

Save this calculation, change an input, then save again to see the difference.

No saved scenarios yet.

Required hourly rate

$56.74/hr

$60,000 target after 25% taxes

PDF report

Your link reproduces this calculation. Nothing is uploaded — history and favorites stay on this device.

Daily rate (8h)

$453.90

hourly × 8

Weekly billing

$1,702.13

30 billable h/week

Revenue to invoice

$80,000

incl. $0.00 expenses

What drives your rate

What drives your rate
ItemValue
Target income$60,000
Taxes$20,000
Expenses$0.00

Freelance pricing works backwards from the income you want. First, because you pay taxes on what you earn, you need a higher gross revenue than your target — roughly target ÷ (1 − tax rate). Add your business expenses, and that's the total you must invoice. Divide by your billable hours (billable weeks × billable hours per week), and you have the rate. The daily and weekly figures make it easier to quote projects: the trick is being honest about billable hours — few freelancers bill a full 40-hour week.

Recommendations

  • Be conservative with billable hours — admin, emails, prospecting and unpaid work eat 20–40% of your time.
  • Raise rates rather than working more hours: beyond ~40 billable hours a week, your rate is too low.
  • Review rates quarterly; as skills and demand grow, your rate should too.

Watch out

  • Non-billable time is a silent killer — if you estimate too many billable hours, your rate will be too low.
  • A single rate hides differences between project types; consider premium rates for rush or specialized work.

Pro tips

  • Quote daily or per-project using the daily rate — it's easier to negotiate than an hourly figure.
  • Track your actual billable hours for a month; adjust the calculator with real numbers.

Was this calculator useful?

Setting a freelance rate feels like guessing — but it's arithmetic. Work backwards from the income you actually want, account for taxes and the hours you don't bill, and the number reveals itself.

Backwards from your target

Your rate must cover three things: the income you want to keep, the taxes on it, and your business expenses. Start with the target and work up — a rate set by gut feeling usually ends up too low, because it ignores these layers.

The billable-hours reality

A 40-hour week is not 40 billable hours. Emails, quotes, accounting and marketing consume a big slice. Pricing against realistic billable hours is what separates sustainable freelance rates from burnout-priced ones.

Rates are not fixed

Your rate should rise as your skills and reputation do. The calculator is a floor, not a ceiling — premium rates for rush work, specialized projects and high-value clients are standard practice, and worth asking for.

Frequently asked questions

Start from your target annual income, gross it up for taxes, add expenses, then divide by your billable hours. This calculator does all of it from your inputs.

30 per week is a solid estimate — the rest goes to admin, marketing and unpaid work. Very few freelancers sustain 40+ billable hours weekly.

Raising your rate scales income without burning out. If you regularly exceed 40 billable hours a week, your rate is likely too low.

Sources

Continue your calculation

Part of these toolkits

Explore more calculators

Find the right tool for whatever you need to work out.

Browse all