Freelance rate calculator

Income target per

Currency

Take-home pay you want per yearUSDWhat you keep after tax and costs.Business costs per monthUSDSoftware, internet, equipment, memberships.Tax and savings to set aside%A rough share of profit. Check your local rules.Weeks off per yearweeksHolidays, sick days, quiet weeks.Hours you work per weekhoursShare of those hours you can bill%The rest goes on proposals, admin and learning.Safety margin%For late payers and slow months.

Platform fee on what you earn

Your hourly rate

$70

Minimum to quote per billable hour

Day rate (8 hours)

$560

Monthly billing target

$6,441

Billable hours per year46 working weeks1,104

Take-home pay$50,000

Profit before tax$66,667

Business costs per year$3,600

Total you need to bill per year$77,293

Free calculator by MoreGigs