Hourly Rate Calculator
Income Goal & Schedule
Business Expenses (Annual)
Personal Expenses (Annual)
Your Suggested Hourly Rate
Minimum Recommended Rate
$66.67
per hour
Annual Revenue Needed
$80000.00
Annual Billable Hours
1200 hrs
Working Weeks
48 weeks
Business Expenses
$0.00
Personal Expenses
$0.00
Hourly Rate Calculator FAQ
How many billable hours should I expect?
Most freelancers bill 20-30 hours per week. The rest of your time goes to admin, marketing, learning, and unpaid work. Be realistic when entering billable hours to avoid undercharging.
Should I include personal expenses in my rate?
Yes. Your hourly rate must cover both business costs and your desired lifestyle. If you only account for business expenses, you may earn enough to stay open but not enough to live on.
What if my suggested rate is too high for the market?
A high result means either your expense goals are ambitious or your billable-hour assumption is low. Consider trimming expenses, increasing billable capacity, or positioning for higher-value clients rather than just lowering your rate.
How do I raise my hourly rate?
Raise rates gradually for new clients, bundle skills into higher-tier packages, and specialize. Existing clients can be grandfathered with a notice. Read our blog post on freelance pricing for more strategies.