Money & Finance · Free tool
Freelance Rate Calculator
Work out a realistic freelance rate — target income, billable hours, taxes, benefits, business costs — in one pass.
Required annual billings
$115,277.78
Required hourly rate
$118.23
Day rate (8 hours)
$945.87
Project minimum (1 week)
$4,729.34
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What it does
Work out a freelance rate that covers your actual costs: target take-home, taxes, benefits, software, hardware, billable vs non-billable ratio, and vacation. The tool outputs minimum hourly, target hourly, and a day-rate equivalent so you can quote with confidence.
Pair with invoice generator, hourly rate calculator, and pricing calculator. See how to price freelance work.
Embed this tool on your siteShow snippetHide
Paste this snippet into any page. Loads on-demand (lazy), no tracking scripts, and sized to most dashboards. Replace the height to fit your layout.
<iframe src="https://freetoolarena.com/embed/freelance-rate-calculator" width="100%" height="720" frameborder="0" loading="lazy" title="Freelance Rate Calculator" style="border:1px solid #e2e8f0;border-radius:12px;max-width:720px;"></iframe>How to use it
- Enter target yearly income.
- Set holiday weeks, sick days, and billable-hour percentage.
- Add business costs and taxes.
- Read minimum, target, and stretch hourly rates.
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Learn more
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