Freelance Rate Calculator — Find Your Ideal Hourly Rate | ToolsHacks
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Freelance Rate Calculator

Stop guessing what to charge. Enter your income goal, business costs, and real billable hours — get the exact hourly rate that keeps you profitable.

What you want to take home before taxes
Software, gear, insurance, coworking, etc.
Only hours you can invoice clients for
48 ≈ 4 weeks off
Effective income + self-employment tax rate
Your required hourly rate
$0/hr
With tax buffer
$0/hr
Per day (8 hrs)
$0
Per week (40 hrs)
$0

How it works

  1. Enter your income target.

    The annual salary you want as a freelancer.

  2. Add business costs.

    Software, hardware, insurance, accounting, coworking.

  3. Be honest about billable hours.

    Only count hours clients pay for.

  4. Get your rate.

    (Income + expenses) ÷ billable hours, plus tax buffer.

Frequently asked questions

How do I calculate my freelance hourly rate?

Add desired annual income + business expenses, divide by total billable hours (hours/week × weeks/year).

Should I factor taxes into my rate?

Yes. Divide base rate by (1 − tax rate). A 25% rate means dividing by 0.75.

What counts as a billable hour?

Only hours you can invoice. Most freelancers bill 15–30 hrs/week.

What is a good hourly rate in 2026?

Entry $25–$50, experienced $75–$150, experts $150–$300+/hr.

Charge your rate — then invoice like a pro

Generate polished invoices in seconds.

Open Invoice Generator