FreeRate

What should you charge per hour?

Enter your target income and schedule — get your ideal rate instantly, with live conversions across 20 currencies.

Income Goal
Currency
Target Income
R$
Per Period
Annual
Monthly
Weekly
Work Schedule
1h4h 8h12h16h
123 456 7
wks/yr
04 81326
Business Costs & Taxes

Software, taxes, insurance, equipment — what % of gross revenue goes to operating costs?

%
0%15% 30%50%90%

Working capacity: —

Your Hourly Rate
RECOMMENDED GROSS
—
per hour includes margin
NET TAKE-HOME
—
per hour
How it's calculated: Net rate = target salary ÷ billable hours per year. Gross rate = net ÷ (1 − margin%) so your costs are covered.
Earnings Breakdown (gross)
Annual
—
/ year
Monthly
—
/ month
Weekly
—
/ week
Daily
—
/ day
Currency Converter (gross hourly)
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Code Rate / Hour
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Frequently Asked Questions

How do I calculate my freelance hourly rate?

Divide your target annual salary by your billable hours per year. Then divide by (1 − your profit margin) to cover taxes and business costs. FreeRate handles this formula automatically as you adjust the inputs.

What is a good profit margin for freelancers?

Most freelancers use a margin of 20–35%. This covers self-employment taxes, software subscriptions, equipment, and downtime between clients. FreeRate defaults to 25%, a solid starting point for most independent contractors.

How many billable hours should I plan per year?

A realistic estimate for a full-time freelancer is 1,000–1,400 billable hours per year. This accounts for time spent on admin, sales, and client acquisition. FreeRate calculates this automatically from your hours/day, days/week, and vacation weeks.

Does FreeRate support multiple currencies?

Yes. FreeRate shows your rate in 20 currencies simultaneously using live exchange rates — USD, EUR, GBP, BRL, JPY, and more. Rates are fetched daily and cached locally, so the converter keeps working even when you're offline.