Freelance Rate Calculator
Calculate your ideal hourly and daily rate based on your lifestyle, overhead expenses, taxes, and billable time
Income & Lifestyle Goals
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60-70% is standard. Remaining time is spent on proposals, admin, and emails.
Recommended Pricing Rates
Target Hourly Rate
$79.67
/ billable hourTarget Day Rate (8 hrs)
$637.36
/ full project dayAnnual Financial Overview
- Required Gross Annual Revenue:$99,428.57
- Average Monthly Invoicing Target:$8,285.71
- Total Billable Hours / Year:1,248 hrs (48 working weeks)
- Annual Net Personal Take-Home:$60,000.00
How to Accurately Price Your Freelance Services
Why do freelancers charge 2x to 3x employee hourly wages?
Freelancers must fund their own health insurance, equipment, taxes, and downtime between contracts.
Hourly vs. Day Rate vs. Value-Based Pricing
Quoting day rates or fixed milestones protects you from punishing yourself for working fast and gives predictable budgets.