Use this freelance rate calculator to find out how much you should charge clients on an hourly and daily basis.
How To Use This Calculator
Follow these steps to calculate your ideal freelance hourly and daily rate:
- Enter your Desired Salary that you’d like to earn each year (factor in your monthly expenses, and the tax you’ll need to pay as well)
- Enter how many Hours Per Day you typically work, along with your working Days Per Week below that
- Add your % Non-Billable Time (if applicable), which is the proportion of your working hours spent on admin, finding clients, and other tasks that don’t directly put money in your pocket (alternatively, leave this blank and only enter billable hours in the Hours Per Day box)
- Enter how many Days Off Per Year and Sick Days you want to account for
The tool calculates your ideal hourly and daily freelance rates automatically. So feel free to play around with it to see how different factors affect your ideal hourly rate.
Freelance Daily/Hourly Rate Calculator
This calculator is just a guide, of course. I recommend checking out forums, communities, and other places to find out what freelancers in your industry (with similar experience) are charging.
Tips For Using This Calculator
Here are a few tips for using the tools on this page:
- It uses dollars ($) as the currency, but the results would be the same no matter which currency you work in
- If you don’t know what percentage to use for non-billable tasks, just enter the number of hours per day that you only spend on tasks that earn you money
- This calculator doesn’t include a box to enter your expenses, so ensure you account for these in your desired annual salary
- The calculator also doesn’t take into account your taxes, so you’ll also have to factor your local tax rates into your desired annual earnings to get a more accurate picture of how much you need to earn per hour and per day
Want to learn more about what you should be charging your clients? Check out our guide to choosing your freelance rates.