Freelance Hourly Rate Calculator

Price freelance work with more confidence.

Estimate a sustainable freelance hourly rate based on income goals, non-billable time, expenses, and target utilization before you quote your next project.

What this calculator computes

This calculator estimates the hourly rate you need to hit an annual income goal after accounting for business expenses, unpaid admin time, vacation, and realistic billable utilization.

Inputs you'll provide

  • Target annual income (e.g. 80000)
  • Annual business expenses (e.g. 12000)
  • Billable utilization (e.g. 65)
  • Planned working weeks (e.g. 46)
  • Working hours per week (e.g. 35)

What you'll get

  • Recommended hourly rate: The baseline hourly rate needed to cover your goals and expected non-billable time.
  • Billable hours per year: A realistic estimate of how many hours you can actually invoice based on utilization.
  • Revenue target before tax: The total revenue your freelance business should generate to support the target income and expenses entered.

Frequently Asked Questions

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