Parantaj

Freelance Income Calculator

Calculate your monthly net income and yearly earnings based on hourly rate and work schedule.

Freelance Income Calculator

Hourly rate you charge clients

Average daily billable hours

How many days per week do you work?

Active working weeks per month (accounting for vacation, sick days etc.)

%

What portion of work hours are billable? (Admin, marketing etc. excluded)

%

Income tax + SSI + withholding estimated total rate

Office, software, internet, accounting etc.

Freelance Pricing Guide

How to Set Your Hourly Rate?

Determine your target annual net income, add taxes and expenses, divide by annual billable hours. Research the market for competitive pricing.

Tips

  • Factor in taxes, insurance, and vacation days when setting your rate.
  • Your utilization rate will not be 100% — account for admin, marketing, and downtime.
  • Secure income stability with long-term agreements with regular clients.
  • Update your rate annually for inflation and experience growth.
  • Project-based pricing is generally more profitable than hourly billing.

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