General Business · Business · Calculator
Freelance Rate Calculator
Estimate a sustainable freelance hourly rate from income goals, expenses, taxes, and billable time.
How to use this Freelance Rate Calculator
Estimate a sustainable freelance hourly rate from income goals, expenses, taxes, and billable time. Enter your numbers above and Okomit calculates the result instantly.
Freelance Rate Calculator formula
Required Revenue = (Take-Home Goal + Business Expenses) ÷ (1 − Tax Reserve); Hourly Rate = Required Revenue ÷ Billable Hours
Example
A freelancer targeting $70,000 take-home with $12,000 in expenses and a 25% tax reserve needs roughly $109,333 in pre-tax revenue before dividing by billable hours.
How to use the result
This is a planning rate, not a guarantee. Adjust for benefits, time off, nonbillable work, market positioning, and desired profit.
Frequently asked questions
Is this calculator free?
Yes. This Okomit calculator is available as a free tool.
Does Okomit save the numbers I enter?
Guest calculations remain in the browser unless you choose a feature that explicitly saves work. Logged-in Okomit features may support saved scenarios where available.
Can I use this for business planning?
Yes, as a planning aid. Review important business, tax, legal, lending, or accounting decisions with the appropriate professional when needed.