Minimum hourly rate

$100

Charge at least this to hit your income target.

Day rate (8 hrs)

$803

Per-day rate for project-based quotes.

Weekly rate

$3,011

Based on 30 billable hours per week.

Revenue breakdown

Annual revenue needed$144,538
Taxes (30%)-$43,361
Business expenses-$6,000
Profit margin (15%)-$21,681
Your take-home$80,000

Salary comparison

A $80,000 salary at a full-time job works out to $38/hr. Your freelance rate of $100/hr is 2.6x higher because you cover taxes, benefits, expenses, and non-billable time yourself.

Work schedule

Billable hours/year: 1,440

Working weeks: 48

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