IncomeFlowFreelance hourly rate calculator
Enter the yearly income you want, your expenses, billable hours and tax estimate to get your minimum hourly rate and day rate. USD, INR, EUR and GBP.
After tax, what you want to keep.
Software, equipment, co-working, insurance, fees.
A planning guess on your profit. Ask an accountant for your real rate.
Hours you can bill, not hours you work. Admin and sales don't count.
Holidays, sick days and gaps between clients.
Minimum hourly rate
$74.78
per billable hour
Minimum day rate
$374
per working day
How that adds up
- You need to invoice $86,000 a year, about $7,167 a month.
- That covers $6,000 of expenses and about $20,000 of tax.
- You bill 1,150 hours across 46 weeks.
This is the lowest rate that hits your goal if every billable hour is paid. Add a buffer for late payments, unpaid proposals and slow months.