The Freelance Hourly Rate Calculator works out your hourly rate to charge, along with 1 related figure in an instant. Enter annual income target, billable hours per week and working weeks per year and the result updates as you type — it is free, needs no sign-up, and runs entirely in your browser so your figures stay private.
Enter the annual income target.
Enter the billable hours per week.
Enter the working weeks per year.
Read off your hourly rate to charge, together with day rate (8 hours) — the calculator updates automatically, with no button to press.
Formula
The Freelance Hourly Rate Calculator uses the formula:
Hourly rate to charge = Annual income target ÷ (Billable hours per week × Working weeks per year)
Worked example
For example, with annual income target of ₹1,500,000, billable hours per week of 25 and working weeks per year of 48, the hourly rate to charge is ₹1,250.
Inputs used
Annual income target
₹1,500,000
Billable hours per week
25
Working weeks per year
48
Results
Hourly rate to charge
₹1,250
Day rate (8 hours)
₹10,000
Results are estimates for educational use, not professional advice.
Frequently asked questions
Divide your annual income target by the billable hours you actually work in a year. Targeting 15,00,000 with 25 billable hours over 48 weeks gives 1,250 per hour.
Much of a freelancer's week goes to admin, marketing and downtime that clients do not pay for. Charging only on billable hours keeps you covered.
Yes. Your income target should already include business costs, taxes, insurance and time off, so the rate truly supports your take-home goal.
Multiply the hourly rate by the number of hours in your working day, typically 8, which the calculator shows automatically.
The Freelance Hourly Rate Calculator uses the formula: Hourly rate to charge = Annual income target ÷ (Billable hours per week × Working weeks per year). For example, with annual income target of ₹1,500,000, billable hours per week of 25 and working weeks per year of 48, the hourly rate to charge is ₹1,250.
Enter the annual income target. Enter the billable hours per week. Enter the working weeks per year. Read off your hourly rate to charge, together with day rate (8 hours) — the calculator updates automatically, with no button to press.
Reference table of hourly rate to charge for Freelance Hourly Rate across a range of annual income target values — exact, engine-computed figures you can read off at a glance.