Free tool
Freelance hourly rate calculator
Most freelancers underprice because they divide their target income by 2,080 hours. Only part of your time is billable. This calculator accounts for that.
Hourly rate you need
$92
1104 billable hours per year
The formula
Rate = (target income + yearly expenses) ÷ (working weeks × hours per week × billable share).
A realistic billable share
Admin, sales and learning take time. Many independents bill 50–70% of their working hours; measure yours with a time tracker for a month.
Frequently asked questions
What billable share should I use?
Track a month of time and use your real number. Without data, 60% is a cautious start.
Does it include taxes?
Enter your target income before tax; the calculator doesn't model tax rules.
More free tools
Tired of calculating? Let Hourtick add it up.
Free for your whole team, forever. $29/month when you need 5 GB.