Freelance Hourly Rate Calculator

$

What you would earn as a salary.

$

Software, equipment, insurance, health coverage, accounting.

% of income

In the US, the employer half of Social Security and Medicare.

%

Vacation, holidays, sick days.

%

The rest goes to sales, admin and invoicing.

Minimum hourly rate

$109.59

Revenue needed per year
$120,983
Billable hours per year
1,104
Day rate (8 hours)
$877
Monthly revenue target
$10,082
Equivalent salaried hourly rate
$43.27
Your income: 74.4%Business expenses: 9.9%Self-employment tax: 5.7%Buffer: 10.0%
  • Your income$90,00074.4%
  • Business expenses$12,0009.9%
  • Self-employment tax$6,8855.7%
  • Buffer$12,09810.0%

Open the full freelance hourly rate calculator with the formula and FAQs at Calcs for Life