Free tool for freelancers

Freelance Rate Calculator

Free freelance rate calculator: turn your income goal, costs, time off, and billable share into the hourly rate you need to charge.

Enter your targets

Set what you want to earn, what your business costs, and how much of your time is actually billable.

Rate you need

The hourly rate to hit your goal

$63.66per billable hour
Billable hours per week28.0
Billable hours per year1288
Monthly revenue target$6,833.33
Annual revenue target$82,000.00

The rate covers your income goal plus business costs across only the hours you can actually bill.

Billable share is the lever

Only part of a working week is billable. Admin, sales, and unpaid work all lower the share, which raises the rate you need.

Count every business cost

Include software, hardware, insurance, taxes set aside, and any subcontractors in your yearly costs.

Treat it as a minimum

This is a floor, not a ceiling. Charge more when demand, value, or specialization allows it.

How the freelance rate is calculated

Working hours per week times your working weeks, reduced to the billable share, gives the hours you can actually invoice each year. Your income goal plus business costs, divided by those billable hours, is the rate you need to charge.

The number is only as good as your billable-share estimate. Sandtime.io shows the real split between billable and non-billable time, so the next rate you set is based on evidence, not a guess.