Free tool

Freelance Hourly Rate Calculator

Enter the income you want to take home and get the hourly and day rate you need, after tax, costs, time off and unbilled hours.

Minimum hourly rate: $91

Day rate (8 hours): $728

Revenue you need: $96,067 over 1,056 billable hours

How it works

The calculator works backwards from what you want to keep. It grosses your take-home pay up for tax, adds business costs and a safety margin, then divides by the hours you can actually bill once time off and admin are taken out. The full method is in our guide, How to Calculate Your Freelance Hourly Rate.

Use your own tax share: it depends on where you live and how much you earn. This is an estimate, not tax advice.

Keep it in a spreadsheet

Freelance Rate Calculator

Work out the hourly, day and retainer rates you actually need, counting taxes, costs, time off and unbilled hours.

See the templates