Decision calculator

Freelancer Rate Calculator

Estimate a minimum hourly billing rate from income target, business costs, and billable capacity.

Modeled result

$0.00 monthly

$0.00 annually

Methodology and assumptions

Hourly rate = (desired annual income + annual business costs and reserves) ÷ annual billable hours. Billable hours = billable weeks × billable hours per week. Taxes and utilization assumptions must be included in the entered reserve and capacity values.

Currency outputs are rounded to the nearest minor currency unit.

Pricing last verified:

Official source: IRS self-employed guidance

Frequently Asked Questions

What does the Freelancer Rate Calculator calculate?

Estimate a minimum hourly billing rate from income target, business costs, and billable capacity.

How accurate is the Freelancer Rate Calculator?

It is a planning estimate based on the inputs, formula, assumptions, and sources shown on this page. Actual prices, invoices, taxes, discounts, and outcomes can differ.

Are calculator inputs saved or sent to analytics?

Inputs are processed in your browser. Calculator values are not included in analytics events.