Decision calculator
Freelancer Rate Calculator
Work back from target take-home pay to a minimum hourly and day rate after taxes, business costs, and billable hours, with a rate-by-utilization table.
Modeled result
Calculating…
Results update as you change the inputs.
Methodology and assumptions
Pre-tax profit needed = take-home ÷ (1 − tax rate). Required revenue = (pre-tax profit + business costs) × (1 + buffer). Hourly rate = revenue ÷ (billable weeks × billable hours per week); day rate = hourly × hours per day. Utilization compares billable hours with a 40-hour week. Use your own tax estimate; self-employment and local taxes vary.
Currency outputs are rounded to the nearest minor currency unit.
Pricing last verified:
Frequently Asked Questions
What does the Freelancer Rate Calculator calculate?
Work back from target take-home pay to a minimum hourly and day rate after taxes, business costs, and billable hours, with a rate-by-utilization table.
How accurate is the Freelancer Rate Calculator?
It is a planning estimate based on the inputs, formula, assumptions, and sources shown on this page. Actual prices, invoices, taxes, discounts, and outcomes can differ.
Which pricing source does the Freelancer Rate Calculator use?
The calculator links to IRS self-employed guidance as its official source. The displayed pricing or reference data was last verified on 2026-10-01.
Are calculator inputs saved or sent to analytics?
Inputs are processed in your browser. Calculator values are not included in analytics events.