๐Ÿ’ฐFree ToolPricing & Profitability

Freelancer Rate Calculator for Designers

Free freelancer rate calculator. Enter your income goal, working hours, tax rate, and expenses to get your minimum hourly, daily, and monthly rate.

Your Details

After-tax take-home you want

$

Exclude holidays and time off

weeks

Hours you can actually bill (not admin time)

hrs

Self-employment + income tax estimate

%

Software, equipment, insurance, etc.

$

Your Rates

Hourly Rate

$78

Minimum to hit your goal

Daily Rate

$465

Based on 6h/day avg

Monthly Revenue Target

$9,306

Total gross needed per month

Minimum Project Size

$620

1-day engagement minimum

Gross revenue needed: $111,667/year (before tax + expenses)
Formula: (Desired income รท (1 โˆ’ tax rate)) + expenses = gross needed โ†’ divide by billable hours.

Frequently Asked Questions

How do I calculate my freelance hourly rate?โ–พ

Divide your required gross annual income (take-home goal + taxes + expenses) by the number of billable hours per year. For example, $100,000 gross รท 1,440 hours = ~$69/hr.

What is a good freelance hourly rate?โ–พ

Rates vary by skill and market. Entry-level freelancers often charge $25โ€“$50/hr, mid-level $50โ€“$150/hr, and senior specialists $150โ€“$500/hr.

Should I charge more than my full-time equivalent?โ–พ

Yes. As a freelancer you pay self-employment taxes, your own benefits, and have unbillable admin time. A 1.5โ€“2ร— multiplier over your employee rate is common.

How many billable hours should I plan for?โ–พ

Most freelancers bill 15โ€“25 hours out of a 40-hour week. The rest is sales, admin, and non-billable work. Plan conservatively to avoid undercharging.