Freelancer Rate Calculator
Calculate your ideal freelancer hourly rate based on your target annual income. Accounts for taxes, benefits, and non-billable hours.
Freelancers can't just divide their target salary by working hours — you need to account for taxes (25-35%), health insurance, retirement, vacation time, and non-billable hours (admin, marketing, invoicing). This calculator helps you find the right hourly rate.
Tips for Freelancer Rate
Freelancers should charge 40-50% more than equivalent employees to cover taxes and benefits
Assume only 60-70% of your working hours are billable — the rest is admin, marketing, invoicing
Set a minimum project rate, not just hourly — small projects have disproportionate overhead
Raise your rates by 10% every year — if no clients push back, you're undercharging
Frequently Asked Questions
What hourly rate should a freelancer charge?
Data sources: Standard mathematical formulas
For informational purposes only. Not financial, medical, or legal advice. Always consult a qualified professional for decisions affecting your finances or health.