How It Works
Three simple steps to get accurate calculations
1
Set Your Goals
Enter your desired annual income, working hours, and business expenses.
2
Account for Taxes
Include self-employment tax rates and profit margins in your calculation.
3
Get Your Rate
Receive your optimal hourly rate with detailed breakdown and justification.
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Frequently Asked Questions
How do I calculate my freelance hourly rate?
Calculate your hourly rate by dividing your annual income goal plus expenses and taxes by your billable hours per year. Our calculator automates this process and includes profit margins.
What should I include in my expenses?
Include all business expenses: equipment, software, insurance, marketing, office space, professional development, and a buffer for unexpected costs.
How much should I charge as a beginner freelancer?
Even beginners should charge rates that cover costs and provide reasonable profit. Start with market research and use our calculator to help ensure your rates are sustainable.
Should I include vacation time in my rate calculation?
Yes, factor in vacation time, sick days, and non-billable time. Our calculator helps you determine realistic billable hours per year.
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Results are estimates for informational purposes only. Consult professionals for important decisions.