Freelance hourly rate calculator

Enter your yearly income goal and costs to see the minimum hourly rate that gets you there.

Target yearly income ($)Yearly business expenses ($)Billable hours per weekWorking weeks per year

About this tool

Rate = (income goal + expenses) / (billable hours per week x working weeks). Billable hours are fewer than hours worked: admin, sales and learning are unpaid, so most freelancers bill 20 to 30 hours a week. This is before taxes; add your own tax set-aside to the income goal. It is a starting point, not financial advice.