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Business & Freelance Updated 2026-07-15

Freelance Hourly Rate

Calculate your optimal freelance hourly rate based on your desired annual income, expenses, and billable hours.

Enter your numbers

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$
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Estimates only. Verify current platform fees and consult a tax professional before making business decisions.

The formula

How the calculation works

Rate = (Income + Tax + Expenses) / Billable Hours

Worked examples

Real-world scenarios

Graphic Designer

Aiming for 60k net with standard expenses.

$74.84 Minimum Hourly Rate

Senior Developer

High income target with higher billable hours.

$123.63 Minimum Hourly Rate

Part-time Consultant

Low billable hours side hustle.

$64.10 Minimum Hourly Rate

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FAQ

Common questions

How do I calculate my freelance hourly rate?
Add your desired annual salary to your annual business expenses, divide by your billable hours, and adjust for taxes.
Should I charge hourly or per project?
Hourly is safer for unpredictable work, while project-based pricing rewards efficiency and expertise.
Estimated profit
$0.00
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