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Freelance Rate Calculator

Calculate what to charge as a freelancer to meet your income goals

Your Income Goals

$
hrs

Realistic: 20-35 hrs

weeks

Account for vacation/sick days

$

Software, equipment, marketing

%

Self-employment: 25-35%

%

Buffer for growth: 15-25%

Minimum Hourly Rate

$121

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Daily Rate

$1,160

8 hours/day

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Weekly Rate

$4,350

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Annual Revenue

$174,000

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Recommended Rates

$121/hr

Minimum Rate

$145/hr

Recommended Rate

$174/hr

Premium Rate

Revenue Breakdown

Understanding Freelance Rates

Rate Considerations

  • Not all hours are billable (marketing, admin)
  • Include taxes (self-employment: ~30%)
  • Account for business expenses
  • Build in profit for growth

Pricing Strategies

  • Value-based pricing (vs hourly)
  • Package deals for projects
  • Retainer agreements
  • Tiered pricing models