Freelance Rate Calculator

Calculate a realistic hourly and daily freelance rate based on your income goal and billable hours.

How to use this tool

Enter your income goal, billable hours, monthly expenses and a buffer for tax. The calculator suggests an hourly and daily rate.

Most freelancers have non‑billable time (planning, calls, revisions). That’s why billable hours/day is usually lower than working hours.

Use the result as a baseline, then adjust by your niche, portfolio, and demand.

What if my billable hours are low?

Your hourly rate must rise to reach the same monthly goal. Increase billable hours or increase pricing.

Should I add profit margin?

Yes. Profit margin covers growth, risk, and periods with fewer projects.

Can I price per project instead of hourly?

Yes — use the hourly rate to estimate effort hours, then convert to a fixed project fee.