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Consulting Rate Calculator

Calculate your day rate and equivalent hourly rate from a target annual income, billable days per year, and overhead percentage — sized for consulting's typically lower billable-day count.

How to Use Consulting Rate Calculator
  1. 1Enter your desired annual income
  2. 2Enter your realistic billable days per year
  3. 3Enter your overhead & non-billable cost percentage
  4. 4Click Calculate to see your day rate and equivalent hourly rate
Frequently Asked Questions

Freelance Rate Calculator uses a weekly hours model suited to ongoing hourly work. This tool uses a day-rate model with fewer billable days per year, reflecting typical consulting engagement patterns (proposal writing, travel, and gaps between projects reduce billable days more than for steady freelance work).

Because consulting engagements usually have far fewer billable days per year than steady freelance work — the same income goal spread over fewer days (or hours) requires a proportionally higher rate per day/hour.

Realistic count of days you'll actually be engaged and billing a client — after subtracting time for sales, proposals, admin, travel, and gaps between contracts. Many consultants land between 100-180 billable days/year.

It's shown as a reference conversion (day rate ÷ 8) so you can compare against hourly-billed competitors — most consultants using this model bill by the day or project, not the hour.

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