Freelance Hourly Rate Calculator
The rate every conversion on this page stands on — built from your target income, your costs, your tax estimate and the billable share of your week. If your hourly rate is a guess, start here.
Open tool →Every price on this site can be charged by the hour — but clients budget in days, agencies think in days, and sooner or later someone asks for yours. The reflex answer is your hourly rate times eight, and it is true exactly one day in a while: the day all eight hours bill. Your ordinary day holds meetings, admin, task-switching and waiting, and bills fewer of them — five, on the defaults below. So this calculator converts at your shape: $95 an hour across a five-billable-hour day is a $475 day rate, a $2,375 week and a $114,000 year. The $760 that × 8 produces stands beside it, labelled as the fully-billed day, because market day rates are quoted against that day and you need both figures in view to compare honestly. Then it runs the conversion backwards: enter a day rate you have been offered — $600, say — and it reads the offer back into the billable hours it must contain at your rate (6.32) and the hourly it truly pays at your shape ($120.00) and at the market’s ($75.00). The rate calculator and every profession page on this site print the × 8 day — the ceiling, right for a fully client-scheduled day. This page finds the day underneath it: yours. The rules for quoting days live in our guide to day rates explained; this is the arithmetic the rules stand on.
Where does an honest billable shape come from? Your tracked weeks, not your intentions: the utilization calculator measures the billable share of a real week, and dividing it by your working days gives the shape of your average day. A specific booked day can honestly hold more — that is what the input is for.
Your quoted day rate — the day rate that keeps your hourly rate whole at the shape on the left.
| Hourly rate | — |
| Billable hours in your day | — |
| Your day rate (rate × your billable hours) | — |
| The fully-billed day (rate × 8) | — |
| Working days per week | — |
| Your week | — |
| Working weeks per year | — |
| Your year | — |
| Day rate offered to you | — |
| What it pays per billable hour at your shape | — |
| What it pays per hour at the × 8 assumption | — |
| Billable hours it must contain at your rate | — |
Enter your hourly rate and the billable hours a day really holds, and this line reads the day back to you.
The numbers pre-filled in the form above are a complete worked example: a consultant at $95 an hour whose ordinary day bills five hours, working five days a week for 48 weeks — and weighing a $600 day rate a client has put on the table. Enter those numbers above and the calculator returns exactly this:
| Hourly rate | $95 |
| Billable hours in your day | 5 |
| Your day rate ($95 × 5) | $475 |
| The fully-billed day ($95 × 8) | $760 |
| Working days a week | 5 |
| Your week ($475 × 5) | $2,375 |
| Working weeks a year | 48 |
| Your year ($2,375 × 48) | $114,000 |
| The day rate on the table | $600 |
| What it pays per billable hour at your shape ($600 ÷ 5) | $120.00 |
| What it pays per hour at the × 8 assumption ($600 ÷ 8) | $75.00 |
| Billable hours it must contain at your rate ($600 ÷ $95) | 6.32 hours |
Read the $600 both ways, because a client quoting it means one of them. At the market’s eight-hour assumption it pays $75.00 an hour — well under the rate. At your shape it pays $120.00 for each hour you actually bill — well over it. The hours test settles which day is really being bought: $600 equals 6.32 billable hours of your work, so a day that genuinely bills six or more clears your rate, and a day that bills five pays you a premium for the hours it holds — while asking what the other three hours of the day are for.
Now weigh a larger offer. A client says their day rate is $700. At their assumption it pays $87.50 an hour; at your shape, on a day that truly bills five, it pays $140.00; and to keep your $95 whole it must contain 7.37 billable hours of your work. So the question is never “is $700 a good day rate?” — it is “what does the day actually hold?” A workshop day that bills seven hours clears your rate with room to spare. A presence day of their meetings that bills four does not, however round the number sounds.
Start from the rate itself. If yours is still a guess, the hourly rate calculator builds it from your income, your costs and your billable share first — a day rate converted from a guessed hourly rate is just a bigger guess. Then publish the two side by side, shapes attached, on your rate card.
The rate every conversion on this page stands on — built from your target income, your costs, your tax estimate and the billable share of your week. If your hourly rate is a guess, start here.
Open tool →Days sold by the month instead of one at a time: price a block of reserved hours from your rate, see what a certainty discount costs across a year, and set the overage rate for work past the block.
Open tool →Comparing a day rate against a salaried role instead? Convert the salary into the freelance rate that genuinely replaces it — employer costs, expenses, tax and unpaid time added back, every step shown.
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