Freelance Rate Calculator

This tool works on a weekly billable-hours model (hours/week × weeks/year) suited to ongoing freelance work. Consulting Rate Calculator instead uses a day-rate model with a smaller number of billable days per year, reflecting the lower total-days-worked pattern common in higher-touch consulting engagements.

Non-billable costs of running your freelance business — software subscriptions, taxes set aside, insurance, time spent on admin/marketing that isn't billed to clients. Enter it as a percentage markup on your income goal.

Because not all your working hours are billable (admin, marketing, unpaid downtime), and overhead adds further costs the rate needs to cover — the calculator accounts for both by inflating the revenue target before dividing by billable hours only.

No — it gives you a baseline minimum rate to work from. You may charge more for specialized skills, rush work, or high-value clients.