Business calculator
Hourly Rate Calculator
Estimate a freelance, consulting, or contractor hourly rate from your income goal, expenses, tax reserve, and realistic billable hours.
Billable hours per year1127 hours
Annual revenue target$122,666.67
Monthly revenue target$10,222.22
Suggested hourly rate$108.84
Frequently Asked Questions
Why include non-billable time?
Most independent workers cannot invoice every working hour. Planning for non-billable time keeps the rate closer to real business needs.
Should I round my hourly rate?
Many businesses round up to a clear market-friendly rate, then adjust by project risk, urgency, and client scope.
Does this replace accounting advice?
No. Treat the result as a planning estimate and verify tax, payroll, and compliance questions with a qualified professional.