Freelance Hourly Rate Calculator

Set rates by covering costs and desired income.

Inputs
Enter values below and click calculate to see results.
Results
Your output will appear below once all required inputs are provided.

Result

Enter values to see the result

Formula

Rate = (Target + Expenses) / Billable Hours

Example
This helps set an hourly rate to meet annual income targets after expenses.

target

1200000

expenses

200000

hours

25

weeks

48

Expected result

1166.67

FAQ
Common questions about this calculator.

What are billable hours?

Hours you can realistically charge clients, excluding admin and downtime.

Should I include taxes?

Yes, include expected tax liabilities in expenses.