Freelance rate calculator
Work out the hourly rate that covers your bills, your tax and your time off.
How to use it
- Enter what you want to take home in a year.
- Add your costs. Think software, a laptop, health insurance and an accountant.
- Set aside a share for tax.
- Enter how many weeks off you want. Count holidays and sick days.
- Set the share of your hours you can bill. Read your rate.
The second tab, What did I really earn?, checks a past project. Enter the fee and all the hours, including calls and revisions.
Three things new freelancers forget
- Costs. An employer paid for your laptop and software. Now you do.
- Time off. No paid holidays. If you want 6 weeks off, you earn a year's pay in 46 weeks.
- Unbillable hours. Finding clients, sending invoices and answering email is work nobody pays for.
Put all three in and your rate is often 1.5 to 2 times what you earned per hour in a job.
From hourly to day rate
A day rate is your hourly rate times the hours you bill in a day. At $90 an hour and 7 billable hours, a day is $630. Round up to a clean number clients remember.
Where M-Tracker fits
Revisions are the hours that hurt freelancers most. M-Tracker gives each piece of work a first check before you send it, so less comes back. It also times each task, so you know what a project really took. No screenshots.
Try M-Tracker free14-day trial. No credit card. No employee surveillance.
Questions people ask
How much should a new freelancer charge?
Use the calculator, not a guess. Then check what others in your field charge and stay within reach.
Should I tell clients my hourly rate?
You can quote by project instead. Use the hourly rate to check the project price is high enough.
Is it free?
Yes. No sign-up, and nothing is stored.
Work you can trust, without redoing it.
Your team gets feedback before work reaches you, or your client.
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