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Freelance Hourly Rate Calculator

Work out your freelance hourly rate based on salary after tax, working time, tax rate, and costs.

Free hourly rate calculator for freelancers
Your freelance rate should be at least /h
$0.00
Enter your goals and costs

261 days equals Mon-Fri

Marketing, advertising, equipment, travel costs, pension, insurance, rent, electricity and more.

Calculate hourly rate

How hourly rate is calculated

Required revenue = (salary after tax / (1 - tax rate)) + costs. Hourly rate = required revenue / (working days x working hours per day).

Step 1: Set your annual goal

Enter your yearly salary goal after tax and your expected yearly costs.

Step 2: Add working time

Use realistic working days and hours per day to get annual working hours.

Step 3: Apply tax and calculate

Add your income tax rate and calculate your minimum hourly rate.

Freelance hourly rate calculator FAQ

What is a freelance hourly rate?

It is the amount you charge clients for one hour of work.

Should I charge hourly or fixed price?

Hourly pricing is useful when project scope can change. Fixed pricing can work when deliverables are very clear.

Can I update my hourly rate over time?

Yes. Most freelancers update rates as experience, costs, and demand change.

How do I use this rate in invoices?

Multiply your hourly rate by hours worked, then send the line item in your invoice.

Get started with free invoicing

Use your calculated hourly rate in Nexbal and send invoices in minutes.

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