🧑‍💻 Freelancer Rate Calculator

Calculate the minimum rate you need to charge to hit your income goal

💼 Income Goal

$

🗓️ Time & Availability

💸 Annual Business Expenses

$
$
$
$
$0/hr
Minimum Hourly Rate
$0
Day Rate (8 hrs)
$0
Weekly Project Rate
$0
Gross Annual Needed
Take-Home Income Goal$0
Self-Employment Tax$0
Total Business Expenses$0
Gross Revenue Required$0
Total Billable Hours/Year0 hrs
💡 Pro tip: Add a 20% buffer above your minimum rate to account for slow months, unpaid admin time, and business growth. Your suggested rate: $0/hr

Why Most Freelancers Undercharge

Many freelancers set rates based on what they "feel comfortable" charging rather than what they actually need. This calculator works backwards from your financial reality: your income goal, your taxes, your expenses, and your actual available hours.

Remember: as a freelancer, you pay both the employee AND employer portions of payroll taxes (15.3%), health insurance, equipment, software, and unpaid time for marketing and admin. All of these need to be baked into your rate.