How does the Freelance Hourly Rate Calculator work?
The Formula
(Salary + Expenses) / Billable HoursExample: $100k target = ~$75/hr freelance.
Frequently Asked Questions
Why is it higher than W2?
To cover self-employment tax and downtime.
Calculate what you should charge per hour as a freelancer to match a specific annual salary, factoring in taxes, expenses, and non-billable hours.
(Salary + Expenses) / Billable HoursTo cover self-employment tax and downtime.