Freelance Hourly Rate Calculator
Work out your freelance hourly rate based on salary after tax, working time, tax rate, and costs.
261 days equals Mon-Fri
Marketing, advertising, equipment, travel costs, pension, insurance, rent, electricity and more.
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.