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Freelance Hourly Rate Calculator

Freelancing & Remote Work

Calculate the hourly rate you need to charge to hit your income goal, accounting for unbillable time and business expenses.

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$0.00$10,000,000.00
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$0.00$1,000,000.00
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Required Hourly Rate

$67.50

The hourly rate needed to hit your income goal at this billable hour and time-off level.

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Odeh Ahwal

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Odeh Ahwal
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Frequently Asked Questions

Why is freelance hourly rate higher than an equivalent salaried wage?

Freelancers must cover their own health insurance, retirement contributions, paid time off, and self-employment tax (the employer's half of Social Security/Medicare) — all costs a traditional employer absorbs — plus business expenses, all from the same hourly rate.

Why does billable hours per week matter so much?

Most freelancers can't bill 40 hours a week — time goes to admin, marketing, proposals, and client communication. Realistic billable hours often fall between 20-30 hours weekly, which significantly raises the rate needed to hit an income goal.

Should I round my rate up?

Many freelancers round their calculated rate up to a clean number and add a buffer for unbilled time, scope creep, or slow periods rather than pricing at the exact theoretical minimum.

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