QuickToolz Freelance Rate Calculator is a free online tool. No sign-up needed.
How to Use Freelance Rate Calculator
Step 1
Enter your annual income goal
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Step 2
Set your working hours and weeks
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Step 3
See your minimum hourly rate
What is Freelance Rate Calculator?
The QuickToolz Freelance Rate Calculator finds the minimum hourly rate needed to meet your income goal after accounting for taxes, expenses, and non-billable time.
Frequently Asked Questions
Why is my rate higher than expected?
Freelancers pay self-employment tax, have non-billable admin time, and face income gaps. These all increase the required rate.
Can I include business expenses?
Yes, enter monthly expenses like software subscriptions, insurance, and equipment.
Does it account for vacation time?
Yes, setting fewer billable weeks accounts for time off and public holidays.