Hourly Rate Calculator
Estimate your hourly rate based on income goals, expenses, and billable time.
Freelance pricing details
This calculator auto-updates when values change.
This calculator is for general business information only and is not financial, tax, accounting, or legal advice.
Results
Results update automatically.
Recommended hourly rate
£73.78
To earn £80,000.00 with £5,000.00 in expenses and 60.0% billable time, charge about £73.78 per hour.
Visual breakdown
About This Hourly Rate Calculator
This Hourly Rate Calculator helps freelancers, consultants, and contractors estimate a sustainable hourly rate.
It accounts for income goals, expenses, working weeks, total hours, and billable percentage.
How to Use This Calculator
- 1
Enter your figures
Add the relevant revenue, cost, customer, or pricing values.
- 2
Review the automatic results
The calculator updates immediately using the example values and any changes you make.
- 3
Compare the breakdown
Use the result cards and visual breakdown to understand the main drivers.
- 4
Adjust assumptions
Change inputs to test scenarios and targets.
Frequently Asked Questions
Does this calculator use live business data?v
No. It uses the values you enter and calculates results instantly in your browser.
Can I use this for forecasting?v
Yes, for quick scenario planning, but forecasts should be checked against real accounting data.
Does this include tax?v
No. It does not automatically include tax unless you enter tax or related costs as part of the inputs.
Is this financial advice?v
No. It is a general information tool for planning and estimation.