1. Income Goal
2. Work Schedule
Most freelancers bill 50-70% of working hours. The rest is admin, marketing, and breaks.
3. Business Costs
Internet, software, equipment, taxes set aside (typically 25-30% of income)
Upwork avg 12%, Fiverr 20%, zero-fee platforms 0%
Your minimum hourly rate
$78.35/hr
Charge less than this and you won't reach your goal.
Daily rate
$626.78
Weekly rate
$2,037.04
Monthly billable hours
104 hrs
Annual gross needed
$97,777.78
Project Minimums
Small project
~5 hours
$391.74
Medium project
~20 hours
$1,566.95
Large project
~80 hours
$6,267.81
To hit $5,000.00 take-home with 10% platform fees and 25% taxes, you need to earn $8,148.15 gross per month from 104 billable hours.
How it works
Enter your income goals and expenses to find out exactly what you should be charging per hour and per project.
Tips for best results
- •Most freelancers only bill 50-70% of their working hours. The rest goes to admin and marketing.
- •Don't forget to account for platform fees and taxes, which can take up to 40% of your gross rate.