Calculate required billable hourly and day rates based on income targets, expenses, and billable hours
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Free, with no signup, account, or usage limits.
Works on any modern browser, including mobile.
About this tool
Freelance Hourly Rate Calculator determines your required billable hourly and day rates based on target income, business overhead, taxes, and vacation time.
How to use
Enter your desired annual net take-home salary.
Add monthly business costs (software, equipment, health insurance) and estimated tax rate.
Set vacation weeks and realistic billable hours per week (e.g. 25 hrs).
View your minimum billable hourly rate, standard day rate, and monthly billing target.
FAQ
Why shouldn't I assume 40 billable hours per week?
It adds a buffer for unexpected downtime, equipment replacement, and business growth.
What does Freelance Hourly Rate Calculator do?
Freelance Hourly Rate Calculator determines your required billable hourly and day rates based on target income, business overhead, taxes, and vacation time.
How do I use Freelance Hourly Rate Calculator?
Open the Freelance Hourly Rate Calculator tool, then enter your desired annual net take-home salary.