Freelance Rate Calculator
Calculate sustainable hourly and day rates from take-home goals, costs, taxes and realistic billable capacity.
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What Is the Freelance Rate Calculator?
The Freelance Rate Calculator works backward from target take-home income. It includes annual business expenses, a tax reserve, working weeks, weekly hours and billable utilization.
How It Works
Enter the desired take-home income and business costs, then estimate taxes and realistic billable time. The worksheet reports the gross revenue target, hourly floor and eight-hour day rate.
When to Use It
Use it for early pricing, annual planning and comparing employee compensation with independent work.
Frequently Asked Questions
- Why Include Billable Utilization?
- Freelancers spend time on sales, administration, bookkeeping and unpaid project work. Not every working hour can be invoiced.
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