Free tool
Freelance rate calculator
Your day rate has to cover the income you want and your business costs across the days you can actually bill, not every working day of the year. Holidays, sick days, admin and the gaps between clients all come out of the billable days.
Calculate
Fill in the form and select Calculate. The result appears here and the page address keeps it, so you can share or bookmark it.
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The formula
Day rate = (income you want + business costs) ÷ billable days. Hourly rate = day rate ÷ billable hours a day.
Run it with curl
curl "https://app.superbooks.io/api/tools/freelance-rate?targetIncome=70000&billableDays=200"Questions
- How many billable days should I assume?
- Start from 260 weekdays and take off holidays, public holidays, sick days, training, admin and time between contracts. What is left is usually well under 260; enter your own figure rather than a rule of thumb.
- How does a day rate compare with a salary?
- A salary comes with paid holidays and an employer covering costs a freelancer pays alone, so the same yearly income needs a day rate well above the salary divided by 260. Put your target income and your costs in and the calculator spreads them over the days you can bill.
- Is the income before or after tax?
- Before tax. Income tax and social contributions depend on your country and how you are set up, so they are not taken off here.