Freelancer Hourly Rate Calculator

Calculate the hourly rate a freelancer needs to charge, given a target annual income, expected billable hours, and a markup for overhead and non-billable time.

Inputs
Results
Required Hourly Rate
$80.00

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Formula

Rate = (Target Income × (1 + Overhead%)) / Billable Hours

Learn How This Works

Freelancer Rates and Team Cost Planning, With Real Numbers

Freelancer hourly rate, profit sharing, fully-loaded employee cost, and price elasticity — four calculations for pricing your own time and your team's.

Frequently Asked Questions

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