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Freelance Rate Calculator

Most freelancers undercharge because they forget taxes, expenses, and unpaid time. This calculator shows your true minimum rate and what you should actually charge.

Your Goals

$
What you want in your pocket after taxes
$
Software, equipment, insurance, etc.

Your Time

hrs
Realistic billable time (not total work hours)
wks
Account for vacation, sick days, holidays

Taxes & Profit

%
Self-employment (15.3%) + income tax
%
Buffer for growth and emergencies

Your Rates

Minimum Hourly Rate -- The floor - don't go below this
Day Rate (8 hours) --
Weekly Rate --
Monthly Retainer -- Based on billable hours/week
Required Gross Revenue -- Total you need to bill annually

Where Your Money Goes

Take-Home Pay --
Taxes --
Business Expenses --
Profit Buffer --

Rate Comparison

Entry Level

New freelancers

$50-75/hr

Mid-Level

2-5 years experience

$100-150/hr

Senior

5+ years, specialized

$150-250/hr

Expert

Top of field

$250-500+/hr

How This Works

The freelancer math problem: If you want $100K take-home, you can't just charge $100K. You need to cover taxes (~30%), business expenses, and build a profit buffer for slow months and growth.

Billable hours reality: You won't bill 40 hours a week. Between admin, marketing, sales calls, and context switching, 25-30 billable hours is realistic. Some weeks you'll have no billable work at all.

The profit margin: This isn't greed—it's survival. You need buffer for equipment failures, slow seasons, rate increases, and eventually hiring help. 20% is conservative.