Freelancer Rate Calculator

Calculate your minimum hourly rate to hit your income goals as a freelancer

Desired Annual Take-home ($)

Billable Hours / Week (%)

Freelancers typically bill 60–75% of working time

Hours per Week

Weeks Worked per Year

Annual Business Expenses ($)

Estimated Tax Rate (%)

Profit Buffer / Growth (%)

About

Rate = (Take-home / (1 − tax) + expenses) × (1 + profit) ÷ billable hours. Most freelancers undercharge by ignoring taxes, expenses, unpaid admin time, and savings for dry spells. Add a 20–30% buffer to account for gaps between projects.