Freelance Rate Calculator
Calculate the hourly and daily rate you need to charge as a freelancer based on your desired annual income.
Required Rate
Freelance Rate is based on your desired income and available billable hours:
Billable Weeks = 52 - Weeks Off
Billable Hours/Year = Billable Weeks × Billable Hours/Week
Hourly Rate = Desired Annual Income / Billable Hours per Year
Daily Rate = Hourly Rate × 8
Important considerations:
- Only about 60–70% of your time is typically billable
- Add 25–30% for self-employment taxes (US)
- Factor in health insurance, retirement, equipment costs
- Most freelancers take 2–4 weeks off per year
Example: $100,000 income ÷ (48 weeks × 30 hrs) = $69.44/hr