Freelance Rate Calculator

Calculate your ideal hourly, daily, and project rates based on your monthly income goals, expenses, and workable hours.

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How to Use Freelance Rate Calculator

Follow these simple steps to get the most out of this tool.

  1. 1

    Set Your Financial Goal

    Enter your desired monthly income before taxes and your recurring monthly business expenses.

  2. 2

    Define Your Work Schedule

    Input how many hours you plan to work each week and how many non-billable days (vacation, sick days) you'll take per year.

  3. 3

    Calculate Your Rates

    The tool will instantly calculate your required hourly and daily rates to meet your goals.

  4. 4

    Estimate Project Costs (Optional)

    Enter the estimated hours for a specific project to get a recommended project price based on your hourly rate.

About Freelance Rate Calculator

Learn more about the purpose and features of this tool.

The Freelance Rate Calculator is an essential tool for freelancers, consultants, and independent contractors to determine a fair and sustainable pricing strategy. By inputting your desired monthly income, business expenses, and expected work schedule (including vacation time), this calculator helps you establish hourly, daily, and project-based rates that ensure you meet your financial goals while accounting for non-billable time.

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