Your numbers

The filled values are editable examples, not typical freelancer averages. Enter an income goal, more than zero and at most 168 billable hours per week, and more than zero and at most 52 working weeks per year. Blank optional expenses and buffer count as zero; the buffer must be between 0% and 99.99%.

H
Hourly rate calculatorRate estimate from your planning assumptions
SUMMARY
Revenue needed / year$162,000.00
Billable hours / year1,150
Base cost per hour$112.70
Day rate (8h)$1,126.96
Your inputsValue
Target annual income$120,000.00
Annual business expenses$9,600.00
Revenue buffer20%
Hourly rate$140.87

Annual billable hours = billable hours per week × working weeks. The day rate assumes eight billable hours. This is a cost-based planning estimate, not a market rate or a personal tax calculation.

Open the full calculator on Workspace369 (opens in a new tab) ↗