CashTwo

💼 Your Freelance Numbers

What you want to take home after taxes
Software, equipment, insurance, office, etc.
Typically 60-70% of total work hours are billable
Daily Rate (8hr)
$741
Weekly Rate
$2,778

Revenue Breakdown

Desired Take-Home Pay $100,000
+ Estimated Taxes $33,333
+ Business Expenses $12,000
Total Revenue Needed $145,333
Billable Hours/Year 1,440
Working Weeks 48

📊 Industry Rate Comparison

IndustryAvg Hourly RateExperience Level
Software Development$75 - $200Mid-Senior
Design & Creative$50 - $150Mid-Senior
Writing & Content$40 - $120Mid-Senior
Marketing & SEO$60 - $175Mid-Senior
Consulting$100 - $300Senior+
Video & Animation$50 - $175Mid-Senior

How to Calculate Your Freelance Rate

Setting the right freelance rate is one of the most important decisions you'll make as an independent professional. Charge too little and you'll burn out working unsustainable hours. Charge too much and you might struggle to win clients. The key is finding the sweet spot that covers your costs, taxes, and desired lifestyle while remaining competitive in your market.

The Formula Behind This Calculator

Our calculator uses the reverse-engineering approach: start with your desired take-home pay, add taxes and business expenses to find your total revenue target, then divide by your actual billable hours. Remember, not all working hours are billable — you also spend time on admin, marketing, invoicing, and professional development. Most freelancers find that only 60-70% of their total work hours are actually billable to clients.

Disclaimer: Rate calculations are estimates. Actual rates vary by industry, location, and experience. Tax rates are simplified — consult a tax professional for accurate estimates.