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Freelance Hourly Rate Calculator

Find out exactly what to charge to hit your annual income goals after accounting for expenses, taxes, and time off.

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Rate Strategy Engine

Price your services for sustainable profit

Don't guess your rates. Account for business overhead, taxes, time off, and non-billable hours so your business stays profitable.

Calculated Target
Floor Rate
Hourly Rate$95 / hr
Day Rate (5 hrs)$475 / day

True Hourly Floor

Calculates your exact minimum hourly and daily rates required to hit your annual net income target.

Billable Capacity
25 hrs / wk
Working Weeks48 Wks (4 Wks Off)
Annual Billable Hours1,200 Hours

Billable Capacity

Accounts for admin, marketing, and client search time so you don't assume a 40-hour billable week.

Workflow Integration
Kwill Connected
Monthly Target$9,500 / mo
Auto-populates proposals & project quotes in Kwill.

Target Revenue Sync

Use your calculated rates directly inside Kwill to quote projects and send invoices with 1 click.

FAQ

Frequently Asked Questions

Everything you need to know about setting freelance rates.

Instant FAQ Assistant
Answers from our help docs
How is the recommended hourly rate calculated?
We combine your target annual take-home income with your yearly business expenses to establish total required revenue. This total is then divided by your total billable hours per year.
Why are billable hours usually lower than total worked hours?
Most freelancers only bill 20–30 hours per week. Non-billable hours go toward marketing, sales, admin, and client onboarding.
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Free Freelance Hourly Rate Calculator — Find Your Target Rates | Kwill