Freelance Rate Calculator 2026 — Hourly & Day Rates | DoUrWork
Calculate your billable hourly and day rates based on desired salary, overhead, unbilled hours, and self-employment taxes. Free on-device tool.
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How to Use the Rate Calculator
Enter Target Take-Home Pay
Specify how much net money you want to take home annually after business costs and taxes.
Add Business Expenses
Input monthly software subscriptions, hardware amortization, health insurance premiums, and professional services.
Set Billable Utilization
Select weeks worked per year and anticipated billable hours per week to calculate your baseline hourly and day rate.
Frequently Asked Questions
How do you calculate a freelance hourly rate?
Add your target net income, annual business overhead expenses (software, insurance, equipment), and tax buffer (~25-30%). Divide that total annual budget by your billable hours per year (typically 1,000 to 1,200 hours after accounting for unbilled administrative time, marketing, and vacations).
What percentage of working hours are typically billable?
Most solo freelancers and independent consultants bill between 55% and 65% of their total working time. The remaining 35% to 45% is spent on lead generation, bookkeeping, client proposals, and administration.