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May 28, 2024 · Hourly pricing is the most common way new freelancers set their rate because the model is quite simple. With this method, you come up with an hourly rate for your work and multiply that by the number of hours spent doing the work.
Explore the average hourly rates that freelancers and consultants earn in 2024. Get insights on hourly rates by location, experience, and more.
Find hourly rates for a wide collection of in-demand jobs, including those in Development & IT, Design & Creative, Writing & Translation, and more.
Our freelance rate calculator is designed to help you build a base rate that considers your estimated monthly expenses and your desired hours to work. This tool is intended to help you calculate a minimum freelance hourly rate based on the information you provide.
How to Calculate a Minimum Hourly Rate. Let’s take a look at the real math and determine a freelance hourly rate that covers your salary, expenses, and profit, and supports the quality of life you want…
Here's how you can calculate your hourly rate, determine how much you should charge for your services, and avoid underpricing yourself. If you overcharge, you may turn away clients, who'll go to other freelancers, those that offer the same quality work, but at a lower price.
How many billable hours do you want to work each workday? How many hours/day are you getting paid for? For most freelancers, it's about 60% of total work hours. How many days do you want to work each week? How many days do you want to take off in a typical month? Factor in national holidays, time off, and sick days.
