How it works
About the Freelance Rate Calculator
Pricing your freelance services is one of the hardest challenges when starting out. If you simply take a full-time salary and divide it by 2,000 working hours, you will dramatically underprice yourself. Freelancers must account for unbillable admin time, business expenses (software, healthcare, office space), self-employment taxes, and unpaid vacation time.
The Freelance Rate Calculator reverse-engineers your perfect hourly and daily billable rates. Simply input the net take-home salary you want to earn, your estimated monthly expenses, and your tax rate. The tool instantly calculates the gross revenue you need to generate. It then divides that revenue by your true billable hours (factoring in vacations and unbillable admin time) to give you a sustainable, profitable hourly rate.