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Hourly Rate Calculator

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How to Use

Enter your target annual income, number of billable days per year, and desired profit margin to calculate the minimum day rate and hourly rate to charge as a freelancer or contractor. Most freelancers overestimate billable days โ€” a realistic figure accounts for holidays, sick days, admin time, and business development. Review your rate annually against inflation and market comparables.

Frequently Asked Questions

โ“ Frequently Asked Questions

Factor in your desired income, expenses, holiday time, and the reality that not all hours are billable.