💰 Hourly Rate Calculator

Calculate your perfect hourly rate for freelance and side jobs

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Please enter your desired monthly income
Please enter hours between 1 and 168
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Your Recommended Hourly Rate
$0.00
💡 Ready to get started!

📊 Earnings Breakdown

Base Income
$0.00
Tax Amount
$0.00
Business Expenses
$0.00
Buffer/Savings
$0.00
Total Monthly Hours
0
Total Monthly Earnings
$0.00

💡 Pro Tips for Pricing Your Services

  • Research competitor rates in your industry and location
  • Consider your experience level and unique skills
  • Factor in time for client communication and project management
  • Review and adjust your rates every 6-12 months
  • Don't forget to account for unpaid time like proposals and invoicing

How to Calculate Your Perfect Hourly Rate for Freelancing

Determining the right hourly rate for your freelance or side job is crucial for building a sustainable business. Our free hourly rate calculator helps you factor in all the important elements: your desired income, business expenses, taxes, and buffer margins for savings and unexpected costs.

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Income Goals
Set realistic monthly income targets based on your lifestyle and financial goals
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Work-Life Balance
Calculate rates that allow you to work reasonable hours while meeting your income needs
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Tax Planning
Factor in tax obligations to avoid surprises at tax time
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Financial Buffer
Build in margins for business expenses, emergencies, and reinvestment

Why Proper Pricing Matters for Freelancers

Many freelancers undercharge for their services, leading to burnout and financial stress. By using a systematic approach to calculate your hourly rate, you ensure that your pricing reflects the true value of your time and expertise. This calculator considers all the hidden costs of freelancing, including taxes, business expenses, and the need for financial buffers.

Whether you're a graphic designer, writer, consultant, developer, or any other type of service provider, having a clear understanding of your minimum viable hourly rate is essential for long-term success. Use this tool regularly to adjust your pricing as your skills improve and your expenses change.