Freelancer Hourly Rate Calculator

Most freelancers set their rate by guessing, copying a competitor, or picking a round number that feels reasonable - not by actually working backward from what they need to earn. This calculator starts with your target annual income, adds business expenses, grosses everything up for a tax buffer, and divides by your realistic billable hours per year (not your total working hours - most freelancers can only bill 50-70% of a working week once admin and sales time are accounted for). The result is a defensible hourly rate, plus the equivalent daily rate for project-based quoting.

Enter your target annual income, expenses, and billable hours to get the exact hourly rate you need to charge clients.