Formula
Base hourly rate = target income / (billable weeks x billable hours). Recommended rate = base rate x (1 + overhead percent / 100) x (1 + profit buffer percent / 100).
Freelancer Hourly Rate Calculator
Calculate a recommended freelance hourly rate from target income, billable weeks, hours, overhead and profit buffer.
Worked example
$80,000 across 46 billable weeks and 40 hours/week is $43.48/hour before overhead. With 30% overhead and 20% buffer, the recommended rate is $67.83/hour.
Professional note
Professional note: print the input values, formula, result and date together so the calculation can be reviewed later.
Regional and unit assumptions
Basis: transparent planning arithmetic using the visible inputs and assumptions on this page.
Assumptions and limitations
- This calculator is for planning and education, not legal, tax, medical, immigration, engineering or financial advice.
- Use current official rates, contracts, carrier terms, statutes or professional guidance before relying on the result.
- The default values are examples. Replace them with the figures from the job, invoice, contract, bill, service or record being checked.
Methodology & Accuracy
How this calculator is checked
CalculationTime pages are built around visible arithmetic: the formula, assumptions, worked example and practical limitations are shown so the result can be checked rather than simply trusted.
Formula used
Base hourly rate = target income / (billable weeks x billable hours). Recommended rate = base rate x (1 + overhead percent / 100) x (1 + profit buffer percent / 100).
Standard or basis
Basis: transparent planning arithmetic using the visible inputs and assumptions on this page.
Where a calculator follows a named legal, trade or industry standard, that standard is cited visibly. Otherwise the page uses transparent general arithmetic and states its limits.Master's Tip
Professional note: print the input values, formula, result and date together so the calculation can be reviewed later.
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Questions
What is the Freelancer Hourly Rate Calculator?
The freelancer hourly rate calculator converts target income and realistic billable time into an hourly rate that includes overhead and profit buffer.
Can I rely on this as professional advice?
No. Use it as a transparent planning estimate, then verify the current rule, rate, contract or official source for the decision you are making.