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Calculator

Freelance Rate Calculator / Salary Tool

Figure out how much you can make in a year with a given hourly rate, weekly hours, and time off. To see what other freelancers actually charge, browse the freelance hourly rates list.

Billing 30 hours per week for 11 months at $103/hour, you could earn

$146,157

per year, before taxes and expenses

$103
30 hrs
11 mo

๐Ÿง From the team behind ContractRates

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How the math works

Annual income = hourly rate ร— hours per week ร— (months worked ร— 4.3 weeks per month). The 4.3 factor is the average number of weeks in a month across a year. The result is gross income โ€” set aside room for taxes, health insurance, software, and unbillable time before comparing it to a salary.

A common rule of thumb when converting a salary to a freelance rate: take the equivalent hourly salary figure and add 25โ€“50% to cover self-employment taxes, benefits, and the gaps between contracts.

Compare against real rates

Crowdsourced averages from verified submissions:

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