Use real data
Replace examples with real costs, frequencies, and probabilities first.
Finance
Freelance Real Rate Calculator
Model a freelance real rate calculator scenario with editable assumptions and instant results.
Worked example
These are demonstration assumptions, not market data or a recommendation. Use Reset example above to reproduce this result, then replace the values for your own scenario.
- Income
- 240000 USD
- Tax rate
- 20 %
- Expense
- 30000 USD
- Hours
- 40 hours
- Billable
- 60 %
Example result: 292.96875 USD/hour
The example is fixed while your live result above changes. Differences in display rounding do not change the underlying calculation.
How to use
Start with the most uncertain input
Compare three scenarios
Compare conservative, baseline, and optimistic cases instead of treating one result as a forecast.
Save and verify
Save the assumptions and update them when measured data becomes available.
About this calculation
How is this calculated?
Hourly estimate = (annual income target + expenses) ÷ [max(0.05, 1 − tax%) × weekly hours × 48 × billable%].
What does this estimate exclude?
Uses 48 working weeks and a minimum 5% retained-income share. Enter nonzero billable hours. This simplified model is not a jurisdiction-specific tax calculation.