CostOak

Freelance hourly-rate calculator

Turn the income you want to take home into the minimum rate you need to charge, after overhead, taxes and the hours you can't bill.

Your tax rate depends on where you live and your income. Use your own figure; this isn't tax advice.

Minimum hourly rate
–
Day rate
–
Revenue needed per year
–
Billable hours per year
–
Example project
–

The formula

Revenue needed = income ÷ (1 − tax %) + overhead. Billable hours = hours per week × (52 − weeks off). Minimum rate = revenue ÷ billable hours.

Last checked: 17 Oct 2026. Runs in your browser. Related: software-stack cost calculator to size your overhead.