Freelance Rate Calculator
Calculate your ideal freelance hourly rate based on target income, business expenses, taxes, and billable hours.
Income & Expenses
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Your Freelance Rate
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Hourly Rate
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Daily Rate (8h)
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Weekly Rate
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Monthly Rate
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Annual Gross Needed
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Billable Hours/Year
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Salary Equivalent
Freelance Premium ($/hr)
Freelance Premium (%)
Frequently Asked Questions
How do I calculate my freelance hourly rate?▾
Add your target annual income, business expenses, and estimated taxes, then divide by your expected billable hours. Most freelancers are only billable 60-70% of their working hours.
Why is the freelance rate higher than a salary equivalent?▾
Freelancers must cover self-employment tax (15.3%), health insurance, retirement contributions, equipment, software, and unpaid time off. A $50/hour freelance rate often equals a $35/hour salaried position.
How many billable hours should I plan for?▾
Most freelancers achieve 1,000-1,400 billable hours per year. The rest goes to marketing, admin, learning, and time off. This calculator helps you set realistic billable hour targets.
Is my financial data safe?▾
Yes. All calculations happen entirely in your browser. No data is ever sent to a server.