Freelance Rate Calculator
Determine your ideal freelance hourly and day rates based on monthly target revenue and overhead.
Financial & Business Inputs
Calculation ResultsInstant
$536.67 / day
Suggested Day Rate
$67.08 / hr
Equivalent Hourly Rate
About Freelance Rate Calculator
Determine your ideal freelance hourly and day rates based on target monthly revenues, overhead costs, and business profit margins.
How to Use
- Enter your target net monthly income.
- Add fixed monthly recurring operating costs.
- Select percentage of unbillable administrative time.
- Set a business profit margin buffer.
- Get instant day rate and hourly rate quotes.
FAQs
How do I convert my freelance hourly rate to a day rate?
Multiply your hourly rate by 8 hours. Many freelancers add a slight discount or buffer for full-day bookings.
How This Compares
Freelance Rate Calculator vs. Hourly Rate Calculator
This tool starts from a target monthly income and unbillable-time percentage to produce hourly and day rates. The Hourly Rate Calculator instead starts from a target annual income and a fixed billable-hours figure - use whichever matches how you already think about your workload.