Start with take-home income
Tell us how much money you want to personally take home each year after business costs and estimated taxes.
Free freelancer pricing tool
Stop guessing your freelance rate. Enter your income goal, working schedule, expenses, and tax estimate to calculate the revenue and rates you need to make your business work.
Calculate my rateYour numbers
Adjust any number below. Your results will update instantly.
Simple math
Freelancers often start with an hourly rate and hope it produces enough income. This calculator does the opposite: it starts with what you need to earn and works backwards.
Tell us how much money you want to personally take home each year after business costs and estimated taxes.
Your business has expenses, and not every hour you work can be billed to a client. The calculator accounts for both.
Your required revenue is translated into monthly, weekly, hourly, and daily targets you can use when pricing your work.
Know your numbers
You don't need perfect numbers. Reasonable estimates are enough to create a useful starting point.
Think about the amount you want available to pay yourself and support your personal life. Enter this as an annual amount.
Example: If you want to take home $60,000 per year, enter $60,000.
You probably won't work all 52 weeks of the year. Subtract holidays, vacations, sick days, and other planned breaks from your expected working year.
Example: 48 weeks gives you roughly four weeks away from work.
Include all the time you spend working on your freelance business, not just the time spent with clients.
Example: A freelancer might work 40 hours per week but only bill clients for a portion of those hours.
This is one of the most important numbers in the calculator. It represents how much of your total working time can actually be charged to clients.
Example: If you work 40 hours but can invoice about 28 of them, your billable percentage is 70%.
Include recurring and expected costs such as software, equipment, insurance, accounting, advertising, education, coworking, and other business expenses.
Use an estimated effective tax rate rather than your highest marginal tax bracket. If you're unsure, use a conservative planning estimate and update it later.
About RateNest
RateNest is built to help freelancers and independent professionals make better financial decisions without complicated spreadsheets or expensive software.
Freelance income can be unpredictable, and knowing what to charge is one of the most important parts of running a sustainable independent business.
RateNest focuses on practical calculations that are easy to understand and quick to use. Enter your numbers, get your results, and use them to make more informed decisions.
Our tools are intended to help you estimate targets, compare scenarios, and understand the financial side of freelance work.
RateNest is designed as a straightforward tools website. We aim to keep our calculators useful, accessible, and easy to understand.
Contact
Have a question, found an issue with a calculator, or have a suggestion for a new tool? Get in touch with the RateNest team.
For general questions about RateNest or our tools, contact us by email.
If you notice an incorrect calculation, broken feature, or other technical issue, please let us know so we can investigate it.
Have an idea for a calculator or feature that would make RateNest more useful? We're always interested in feedback.
Take control of your freelance business
Go beyond your hourly rate. Track income goals, expenses, taxes, savings, profitability, cash flow, and the numbers that actually matter to your freelance business.
Get the complete freelancer financial dashboardFrequently asked questions
Your ideal rate depends on your income target, business expenses, taxes, available working time, and the percentage of your time that can actually be billed to clients. That's why a rate that works for one freelancer may be completely unsuitable for another.
There is no universal number. Your billable percentage depends on how much time you spend on client work compared with sales, administration, marketing, professional development, meetings, and other non-billable activities. Using a realistic estimate is more useful than assuming every working hour can be invoiced.
A traditional full-time employee may use roughly 2,080 working hours as a starting point. Freelancers generally cannot bill every working hour, however. Vacation, holidays, administration, marketing, sales, and other business tasks reduce the number of hours that can actually generate revenue.
Yes. Your rate needs to generate enough revenue to cover your desired take-home income, business expenses, and estimated tax obligations. This calculator uses your estimated tax rate to work backwards from your target take-home income.
Yes. Business expenses reduce the amount of revenue that ultimately becomes available to you. Including them gives you a more realistic picture of the revenue your freelance business needs to generate.
No. This is a planning and estimation tool. Tax rules, deductions, business structures, and personal circumstances vary by location and individual situation. Consult a qualified tax professional for advice specific to you.
The calculated hourly rate is a useful financial floor, but it does not necessarily have to be your final client price. You may charge more depending on your experience, specialization, demand, value delivered, project complexity, and market positioning.
Start with your best reasonable estimate. The purpose of the calculator is to help you understand the relationship between your assumptions and your required rate. You can return later and update the numbers as you learn more.
Privacy
Last updated: August 21, 2026
RateNest's calculator is designed to work directly in your browser. The financial figures you enter into the calculator are used to perform calculations on your device and are not submitted to a RateNest server by the calculator itself.
RateNest may use cookies or similar technologies to support website functionality, understand website usage, and improve the user experience.
RateNest may display advertisements provided by third-party advertising services, including Google AdSense. These services may use cookies or similar technologies to provide, measure, and personalize advertising in accordance with their own policies and applicable requirements.
We may use analytics services to understand how visitors use RateNest, such as which pages are visited and how users interact with our tools. This information helps us improve the website.
Third-party services used by RateNest may collect or process information according to their own privacy policies. We recommend reviewing the privacy policies of any third-party services you interact with through this website.
Depending on your location, you may have rights regarding cookies, personalized advertising, analytics, and certain personal information. Available choices may vary depending on applicable law and the services used on the website.
If you have questions about this Privacy Policy or how RateNest handles information, please contact us at [email protected] .
Legal
Last updated: August 21, 2026
By using RateNest, you agree to use the website and its tools for lawful purposes and in accordance with these Terms of Use.
RateNest calculators provide estimates for informational and planning purposes only. Results depend on the information entered by the user and the assumptions used by each calculator.
Nothing on RateNest should be considered financial, tax, accounting, legal, or professional advice. You are responsible for evaluating whether information provided by the website is appropriate for your circumstances.
We aim to keep RateNest useful and accurate, but we do not guarantee that every calculation, feature, or piece of information will always be complete, accurate, or current.
RateNest may contain links to or integrations with third-party websites and services. We are not responsible for the content, availability, policies, or practices of third-party services.
RateNest may display advertisements from third-party providers. Advertisements do not constitute an endorsement or guarantee of the advertised products or services.
We may modify, update, suspend, or discontinue features of RateNest at any time. We may also update these Terms of Use when necessary.
Questions regarding these Terms of Use can be sent to [email protected] .