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Hourly rate calculator
Find the minimum hourly rate you need to charge to hit your income target after expenses, time off and non-billable work.
Your numbers
$
What you want to earn before tax.
$
Software, insurance, equipment, taxes set aside.
hrs
All hours, including admin and sales.
%
Most service businesses land between 50 and 70.
wks
Holidays, sick days and public holidays.
Your minimum hourly rate
$84/hr
Charge at least this to hit your target after expenses, time off and non-billable work.
- Per 8-hour day
- $672
- Billable hours / year
- 1,104
- Revenue needed / year
- $92,000
How the math works
- 1. Revenue needed = your target take-home + yearly business expenses.
- 2. Billable hours = weekly hours × weeks worked × the share you can actually bill.
- 3. Hourly rate = revenue needed ÷ billable hours, rounded up.
Free plan available
Know your real billable hours
The formula is only as good as your billable-share guess. Track actual time against projects and invoice it in one place.