Freelance Calculator
Calculate hourly rates, project costs, and profitability for freelancers
Freelance Calculator
Hourly Rate Calculator
Calculate your optimal hourly rate based on your expenses, desired profit, and work schedule. This ensures you cover all costs and achieve your financial goals while remaining competitive.
Our calculator considers both personal and business expenses, tax implications, and your target profit to determine the minimum hourly rate you should charge.
Project Cost Estimator
Estimate project costs accurately by combining your hourly rate with additional expenses, discounts, and taxes. Perfect for creating professional quotes and proposals.
The project calculator helps you account for all costs including software licenses, hosting fees, and other project-specific expenses.
Profitability Analysis
Analyze your business profitability by comparing revenue against expenses. Track profit margins and identify your break-even point for better financial planning.
Understanding your profitability helps you make informed decisions about pricing, expenses, and business growth strategies.
Tax Calculator
Calculate estimated taxes for freelancers and contractors. Account for business expenses and understand your effective tax rate for better financial planning.
The tax calculator helps you set aside the right amount for taxes and understand your true after-tax income.
How to Use Our Freelance Calculator
Hourly Rate Calculator
- 1. Enter your monthly personal expenses
- 2. Add your business expenses
- 3. Set your work schedule and desired profit
- 4. View your recommended hourly rate
Project Cost Calculator
- 1. Add project details and estimated hours
- 2. Include additional costs and discounts
- 3. See detailed cost breakdown
- 4. Get final project price with taxes
Hourly Rate Calculation Examples
Monthly Expenses: $3,500
Business Expenses: $800
Desired Profit: $2,000
Work Schedule: 20 days × 8 hours
Recommended Rate: $52.50/hour
• Cost of living in your area
• Industry standards and competition
• Your experience and expertise
• Project complexity and value
Project Cost Examples
Hours: 40 @ $50/hour = $2,000
Additional Costs: $300 (hosting, domain)
Subtotal: $2,300
Tax (25%): $575
Total: $2,875
Hours: 8 @ $50/hour = $400
Additional Costs: $50 (stock assets)
Subtotal: $450
Tax (25%): $112.50
Total: $562.50
Business Benefits
- Accurate Pricing: Set rates that cover all costs and ensure profitability
- Professional Quotes: Create detailed, transparent project estimates
- Financial Planning: Understand your true income and expenses
- Tax Preparation: Plan for tax obligations and avoid surprises
- Competitive Analysis: Compare your rates with market standards
- Growth Planning: Identify opportunities to increase profitability
Features for Freelancers
- Expense Tracking: Separate personal and business expenses
- Flexible Scheduling: Adjust work days and hours as needed
- Tax Considerations: Account for tax rates in calculations
- Project Management: Track multiple projects simultaneously
- Profit Analysis: Monitor margins and break-even points
- Export Results: Save and share calculations with clients
Why Choose Our Freelance Calculator?
For New Freelancers
- • Set competitive rates from the start
- • Understand all business costs
- • Plan for taxes and expenses
- • Create professional proposals
- • Track profitability over time
- • Build sustainable pricing strategies
For Experienced Freelancers
- • Optimize existing pricing
- • Analyze project profitability
- • Plan for business growth
- • Prepare for tax season
- • Benchmark against market rates
- • Streamline project estimation