Instant calculator
Freelance Hourly Rate Calculator
Use the freelance hourly rate calculator to translate your target annual income into a workable billable hourly rate.
How to use
Quick steps
- Enter target take-home income, annual business expenses, annual billable hours.
- Review the instant answer block and supporting calculations.
- Compare the result with related tools in the same category before making a decision.
Formula
How this calculator works
Hourly rate = (target income + annual expenses) / annual billable hours
Freelancers usually bill fewer hours than they work, so billable utilization matters a lot.
FAQ
Common questions
How does the freelance hourly rate calculator work?
It uses Hourly rate = (target income + annual expenses) / annual billable hours. Enter target take-home income, annual business expenses, and annual billable hours to generate an instant estimate.
When should I use this freelance hourly rate calculator?
Estimate a freelance hourly rate from target income, expenses, and billable hours.
What should I keep in mind?
Freelancers usually bill fewer hours than they work, so billable utilization matters a lot.