Hourly Rate Calculator — Freelance Rate Estimator

What is this? This calculator reveals the true hourly rate you need to charge as a freelancer or consultant — accounting for business expenses, health insurance, retirement savings, taxes, and the fact that only a fraction of your hours are billable. It shows your true hourly value vs the headline rate you might quote.

Who it's for: Freelancers, consultants, contractors, and self-employed professionals who need to set rates that actually cover their costs and hit their income targets.

Income Target

Annual Take-Home Target ($) oninput="calculate()"

Work Weeks/Year oninput="calculate()"

Billable Hours/Week oninput="calculate()"

Business Costs

Annual Business Expenses ($) oninput="calculate()"

Health Insurance/Year ($) oninput="calculate()"

Retirement Savings/Year ($) oninput="calculate()"

Tax Rate (%) oninput="calculate()"

Your Required Hourly Rate

Base Rate (before tax)

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Recommended Rate

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with 20% buffer

Min Per Project (8hr)

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Monthly Revenue Target

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Total Overhead/Year

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Total Needed/Year

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Freelance Hourly Rate Calculator

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