Freelance pricing tool

Freelance rate calculator

Work backwards from your income goal to a sustainable hourly and day rate.

Planning rate

$87.45/hour

Day rate (8 hours)
$699.59
Revenue target
$100,740.74
Billable hours/year
1,152

Free to use · No signup · Calculations run in your browser

How this calculator works

Freelancers must fund business expenses and non-billable work from billable revenue. This calculation makes those assumptions visible so you can adjust them.

Formula

Rate = required annual revenue ÷ annual billable hours

Example

Reducing billable time from 100% to 60% raises the rate needed because admin, sales, and bookkeeping still consume working hours.

Frequently asked questions

What is billable percentage?

It is the share of working time you can actually charge to clients after admin, sales, meetings, and other unpaid work.

Is the calculated rate a market rate?

No. It is an income-based planning rate. Experience, demand, value, and local market conditions may justify a different price.

Related free tools