If you want to earn the equivalent of a $100,000 salary as a freelancer, your hourly rate needs to be higher than a regular employee hourly rate. This calculator helps you estimate what to charge based on your target income, billable hours, and working weeks.
Freelancers need to account for taxes, business expenses, unpaid time off, admin work, and gaps between clients. A common planning rule is to increase your salary target by 30% to 50% before calculating your freelance rate.
For example, if you want to replace a $100,000 salary and use a 40% freelance adjustment, the calculator estimates your required hourly rate by dividing your adjusted revenue target by your available billable hours.
This estimate is useful when comparing freelance opportunities, setting a consulting rate, planning income goals, or deciding whether a project rate makes sense for the time involved.
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