Freelance Tool
Freelance Rate Calculator
Estimate the hourly and daily rate needed to support your income target, expenses, taxes and non-billable time.
Suggested hourly rate
$102.56
Suggested day rate
$821
Based on an 8-hour billable day.
Annual revenue needed
$122667
Monthly revenue target
$10222
Billable hours / year
1196
Working weeks
46
Why billable time matters
Freelancers rarely bill every working hour. Sales, admin, proposals, bookkeeping and downtime all reduce billable capacity, so the required hourly rate is usually higher than a simple salary-to-hourly conversion.