Income Goals
Monthly Expenses
Software, equipment, marketing
Rent, food, transport, utilities
Work Pattern
Tax, Platform & Industry
How to Use This Freelance Price Calculator
This freelance price calculator — also known as a freelance rate calculator — helps independent professionals worldwide calculate the exact hourly rate, day rate, and project price they need to charge to meet their income goals, cover their expenses, and account for tax.
Unlike generic tools, this calculator accounts for platform fees (Upwork, Fiverr, Freelancer.com), your specific industry benchmarks, and gives you a full project pricing guide based on your real numbers.
How to calculate your freelance rate
The formula is: (Annual income goal + expenses) ÷ (1 − tax rate) ÷ billable hours = minimum hourly rate. We then add a 30% buffer to give you a sustainable recommended rate.
Frequently Asked Questions
How do I calculate my freelance rate?↓
Add up your desired annual income, all business and personal expenses, and estimated taxes. Divide by your annual billable hours (typically 1,000–1,200). Add a 30% buffer for reliability. Our freelance price calculator does this instantly.
What is a good freelance hourly rate?↓
Globally, freelance rates range from $25–$250/hour depending on skill, experience, and industry. Use this freelance rate calculator to find your personal minimum based on your actual costs — not someone else's.
How do platform fees affect my freelance income?↓
Significantly. Upwork charges 10–20%, Fiverr charges 20%, and Freelancer.com charges 10%. Our calculator factors these in automatically so you see your true take-home rate.
How do I price a freelance project?↓
Estimate hours, multiply by your hourly rate, and add 10% for revisions. Our tool generates small, medium, and large project prices based on your calculated rate.
Is this freelance calculator free?↓
Yes, completely free. The optional $4.99 download gives you a personalised PDF with your profit dashboard, expense tracker, rate benchmarking, and a pre-filled invoice template.