Add your target annual income to your annual business expenses, then divide by your billable hours per year (weekly billable hours × (52 − weeks off)). The result is the hourly rate that covers your goal. The calculator above does this instantly.
There's no single number — it depends on your income goal, expenses, skill level, and billable hours. As a rule of thumb, most freelancers need 2–3× their equivalent employee hourly wage to cover taxes, unpaid admin time, and time off.
Yes. Software, hardware, internet, coworking, insurance, and taxes are real costs. Add them to your income target before dividing by billable hours, or you'll undercharge.
Yes — unlimited calculations, no signup, no watermark. Everything runs in your browser.
Use our free invoice generator to send a professional invoice in seconds, or track your hours and turn them into an invoice automatically.
