Home | Calculators | Freelance Pricing
Not every freelancer needs the same calculator. Some people are trying to replace a salary. Some are setting an hourly rate. Others are pricing day rates, monthly income goals, consulting work, retainers, or limited billable time.
SetMyRate is built to help you choose the right calculator based on how you actually work, not just throw one generic hourly rate formula at you and call it done.
The best calculator depends on the pricing question in front of you. Use the sections below to find the tool that matches your situation.
Use this when you know the annual salary you want to match, but need to convert it into a freelance rate that accounts for expenses, taxes, unpaid time, and non-billable work.
Use this when clients ask for an hourly rate or when you want to understand what your time needs to be worth after expenses and unpaid work are included.
Use this when you price consulting days, workshops, field days, advisory days, or other day-based services instead of charging by the hour.
Use this when you know how much you want to earn each month and need to work backward into the rate or client load required to get there.
Use this when you cannot bill every working hour. This matters if you spend time on admin, marketing, proposals, client calls, revisions, or unpaid business development.
Use this when you need to look beyond rates and understand capacity, revenue, expenses, break-even points, and profitability.
If you are new to freelancing, consulting, or contract work, start with the Salary to Freelance Calculator. It is usually the easiest way to see why a freelance rate needs to be higher than a normal employee hourly rate.
Employees are often paid for more than just the hours they spend producing work. Their salary may include paid time off, benefits, employer payroll taxes, office costs, equipment, software, training time, and administrative support.
Freelancers and consultants usually have to cover those costs themselves. That is why a simple salary divided by 2,080 hours often creates a rate that is too low.
If you already know your target income, use one of the income-based calculators. These tools help you work backward from a goal instead of guessing what to charge.
Monthly income calculators are useful if you think in terms of monthly bills, client retainers, recurring work, or monthly revenue goals.
Hourly rates work well when the scope is uncertain or the client wants to pay for time used. Day rates work better when your work is structured around full-day consulting, facilitation, advisory support, fieldwork, workshops, or project delivery days.
If clients often ask for your hourly rate, start with the Freelance Hourly Rate Calculator. If you usually quote by the day, use the Day Rate Calculator.
A $100k income target is one of the most common freelance pricing goals, but the right rate depends heavily on how many clients you have, how many days you work, and how much of your time is actually billable.
If you are replacing a job, start with salary-based tools. If you are selling your time, start with hourly or day rate tools. If you are planning revenue, start with monthly income or business metrics tools. If you are not sure, start with the Salary to Freelance Calculator and adjust from there.
See the full calculator library for freelance rates, day rates, monthly income goals, utilization, consulting pricing, salary conversions, and business metrics.