Online Receipt Generator
Create & Price

Freelance Rate Calculator

Find the hourly and day rate you need to take home your target income after tax, expenses and time off.

Result

Revenue needed per year

$88,000.00

Revenue needed per month

$7,333.33

Billable hours per year

1,150

Day rate

$382.61

Minimum hourly rate

$76.52

How it's calculated

Revenue needed = take-home income ÷ (1 − tax rate) + business expenses. Billable hours per year = billable hours per week × (52 − weeks off). Hourly rate = revenue needed ÷ billable hours; day rate assumes a 5-day week.