Freelancer Rate — Guide
Back into an hourly/day rate that covers costs and target income.
Estimated reading time: 2 minutes
What it does
Helps freelancers calculate their ideal hourly or daily rate based on desired income, expenses, and work hours.
Inputs
- Desired Annual Income
- Business Expenses
- Billable Hours per Week
- Weeks Worked per Year
Output
- Target hourly rate
- Target daily rate
Example
$80,000 target income, $10,000 expenses, 30 hours/week → $58/hour
Tip
Don't forget to account for non-billable time like admin, marketing, and professional development.