Freelance Hourly Rate
Free online Freelance Hourly Rate. Calculate your minimum freelance hourly rate based on desired annual income, billable hours,…
Calculate your minimum freelance hourly rate based on desired annual income, billable hours, taxes, and business expenses. Never underprice your work again.
📐 Formula Used
Margin = (Revenue - Cost) / Revenue × 100Markup = (Price - Cost) / Cost × 100Break-Even = Fixed Costs / (Price - Variable Cost)When and Why to Use This Calculator
Use this freelance calculator when quoting projects, setting rates, planning quarterly taxes, or evaluating the financial health of your self-employed business.
Worked Example
To earn $80,000 net working 1,000 billable hours per year, with 30% taxes and $10,000 expenses: minimum rate is approximately $128/hour. Most freelancers need to charge more than they think.
How to Use This Calculator
- Step 1 — Enter your values into the fields above.
- Step 2 — Press Calculate to see your result instantly.
- Step 3 — Review the formula to understand how the result was reached.
- Step 4 — Use Copy Result to copy your answer, or Reset to start over.
No sign-up required. The Freelance Hourly Rate is completely free on any device.