About the Freelance Hourly Rate Calculator
Set your freelance hourly rate from target income, business costs, taxes, time off and billable-hour ratio.
Also known as: freelance rate calculator, what to charge per hour, consultant rate, contractor rate calculator, freelance hourly rate.
How to use this calculator
- Enter target annual take-home, annual business costs, tax rate, working weeks per year and the other fields.
- The result updates instantly as you type — press Calculate (or Enter) at any time.
- Review the breakdown shown under the main result.
- Use Copy result or Share to save the answer or send a link with your inputs.
Formula
Rate = (income ÷ (1 − tax) + costs) ÷ billable hours
Worked example
Using the values pre-filled in the calculator above:
- Target annual take-home = 70,000
- Annual business costs = 8,000
- Tax rate = 25 %
- Working weeks per year = 46
- Hours per week = 40
- Billable share of time = 65 %
the calculator returns:
- Minimum hourly rate: 84.73
- Day rate (8 h): 677.81
- Billable hours per year: 1,196
- Revenue needed: 101,333.33