Freelance Rate Calculator

Formula

(income+costs)÷billable hours

Worked example

60k income + 10k costs / 1,400h — 50/hour

Quick answer

What does the Freelance Rate Calculator do?

Estimate an hourly freelance rate from target annual income, annual costs and billable hours.

What is the Freelance Rate Calculator?

Estimate an hourly freelance rate from target annual income, annual costs and billable hours. Use it when you have the required inputs and want a deterministic, repeatable result with the calculation method visible.

How to use this calculator

Enter the values requested by the tool, keep units and time periods consistent, resolve any validation message, calculate, then review the primary answer together with the displayed formula and supporting values.

Formula and method

This calculator uses the deterministic formula (income+costs)÷billable hours. Enter the required values, then review the displayed substitution and result breakdown to verify the calculation.

Worked example

60k income + 10k costs / 1,400h 50/hour

Common mistakes to avoid

Check units, decimal points, percentages, signs, date/time order, selector choices, and rounding. For important decisions, verify the result against an independent source or qualified professional when appropriate.