Freelance Rate Calculator

A bare hourly rate hides overheads and profit. This calculator layers overheads and a profit margin on top of your base rate, producing the final rate you actually invoice.

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How it works

The final rate equals the base rate multiplied by (1 + overheads) and then by (1 + margin). Daily rate assumes 8 hours, and the monthly figure assumes 160 billable hours. Use this whenever you quote a day rate or a fixed project from an hourly basis.

Worked example

Example: Base €30/h, overheads 30%, margin 25% → final €48.75/h, €390/day.

Recommendations

  • Set overheads from your real costs: tools, workspace, insurance, admin time.
  • Keep the margin separate from overheads — it is your profit, not a buffer.
  • Quote day rates as a multiple of the hourly figure to avoid nickel-and-diming.

Tips & advice

  • Agencies often apply 20–30% overheads on contractor rates before margins.
  • Round final quotes up — precise decimals look over-engineered to clients.
  • For long projects, apply the margin annually to stay ahead of inflation.

Next steps & suggestions

  • Build a rate from your income needs with the Freelance Hourly Rate Calculator.
  • Check profitability with the Profitability Calculator.
  • Convert your freelance pay to a salary equivalent with the Annual Salary Calculator.
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Freelance Rate Calculator

It is 100% free, private and requires no signup.

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Help Center

Frequently Asked Questions

Between 20 and 30 billable hours a week is realistic after administration, prospecting and meetings. Use the billable hours model to price accordingly.

Yes. Software, insurance, accounting, equipment and non-billable time all cost money. Add them on top of your desired net income.

Yes — every calculator is 100% free, with no signup, no limit and no hidden cost.

No. All calculations run instantly in your browser. Your inputs are never sent to a server or saved.

They use standard financial formulas and are ideal for estimates. Actual figures can vary due to taxes, fees and local rules, so confirm critical numbers with a professional.

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