How It Works
The calculator factors in your income goal, realistic billable hours (not all work time is billable), overhead costs like self-employment tax and insurance, and adds a profit margin to ensure sustainability.
Updated for 2025 Tax Rules
Freelance Hourly Rate Calculator
Most freelancers undercharge. This calculator helps you set a rate that covers your desired income, taxes, benefits, and business expenses with a profit margin built in.
Last updated: Dec 2025
You can also use our hourly to salary calculator for more details.
Configuration
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What you want to take home
Typically 50-60% of work time is billable
Account for vacation and sick days
Self-employment tax, insurance, software, etc.