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Hourly rate calculator

Estimate an hourly billing rate from annual income, billable hours, and expenses.

Suggested hourly rate: 75.00/hr

How it works

Hourly rate = (Target income + Annual expenses) ÷ Billable hours

  1. Set your target income

    Enter what you want to earn in a year.

  2. Add your expenses

    Include software, equipment, insurance and other running costs.

  3. Enter billable hours

    Count only the hours you can bill, not admin or holidays.

Frequently asked questions

Quick answers about this calculator.

How many billable hours should I use?

Many freelancers bill 1,000 to 1,400 hours a year once admin, sales and time off are taken out of a 2,080-hour working year.

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