Freelance Rate Calculator

Start with your target annual income, add 30% for self-employment tax and expenses. Divide by billable hours per year (hours per week 52 weeks 0.75 utilization rate, minus vacation). This ensures you account for non-billable time.

List each task with estimated hours and description, apply your hourly rate, subtotal all items, add 15% contingency for unexpected work, and specify payment terms. The quote builder handles all the math.

Enter client name, your business name, line items with hours and rate, tax rate, and due date. The invoice generator formats everything into a clean printable HTML document. Use Print or Copy to share.

75% is standard 75% of working hours are billable, 25% goes to admin, marketing, and meetings. Experienced freelancers reach 80-85%, beginners start at 60-70%.

Hourly rates protect you from scope creep. Project-based pricing rewards efficiency. Many freelancers use the hourly rate as a baseline and quote fixed prices using the quote builder with contingency included.