What should I charge as a freelancer?

Stop undercharging. Calculate the hourly rate you need to charge to cover your expenses, taxes, and desired profit.

Annual Business Expenses ($)

Desired Annual Take-Home ($)

Tax Rate (%)

Weekly Billable Hours

Recommended Hourly Rate

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Recommended Day Rate

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The Methodology

Hourly Rate = (Annual Expenses + Desired Net Income + Taxes) / (Billable Weeks × Billable Hours per Week)

This tool uses the verified professional formula shown above. We cite our sources so you can trust every result.

Why you need a freelance rate strategy

Most freelancers start by guessing their rates based on what others are charging. This is a mistake. Your rate should be based on your financial needs and business costs.