Freelancer Rate Calculator

Find your ideal hourly and daily freelance rate based on your income goal, expenses, and working days.

Income & Expenses

Desired annual net income ($) How much you want to take home per year

Annual business expenses ($) Software, hardware, subscriptions, etc.

Tax rate (%) Your estimated effective tax rate

Profit buffer (%) Extra margin for slow months or savings

Working Schedule

Working weeks per year 52 weeks minus vacation & holidays

Working days per week

Billable hours per day Not all working hours are billable

Utilization rate (%) % of time you expect to be booked

About this Freelancer Rate Calculator

This free freelancer rate calculator helps you find the minimum hourly and daily rate you need to charge to meet your income goals. It factors in taxes, business expenses, vacation time, and utilization rate so you never undersell yourself.

How to use the Freelancer Rate Calculator

Enter your desired annual income, estimated business expenses, tax rate, and working schedule. Click Calculate and the tool will show you the minimum rate you should charge per hour, per day, and per month.

FAQ

What is the utilization rate?

The utilization rate is the percentage of your working time that is actually billable to clients. Most freelancers aim for 70–85%.

Should I charge more than the minimum rate?

Yes. The calculated rate is the minimum needed to reach your goal. Always add a buffer for value-based pricing, market rates, and your experience level.