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💼 Freelancer Rate Converter

A two-way converter that accounts for the real constraints of freelance work: billable time, overhead, and time off. Find the rate that actually works for your business.

$
Paid time off, sick days, personal days
Percentage of working hours you can actually bill clients

📖 Usage Examples

💼 Web Developer: Hourly to Annual

A front-end developer charges $65/hour and works 40 hours/week with 20 days off.

1Working days: 260 − 20 = 240 days
2Billable at 80%: 240 × 8 × 0.80 = 1,536 hrs
3Annual: 1,536 × $65 = $99,840
Annual Income: $99,840 · Monthly: $8,320

🎯 Target $120k: Annual to Hourly

A graphic designer wants $120,000/year, works 7 hrs/day, 5 days/week, and takes 25 days off.

1Working days: 260 − 25 = 235 days
2Billable: 235 × 7 × 0.75 = 1,234 hrs
3Rate: $120,000 ÷ 1,234 = $97.26/hr
Minimum Hourly Rate: $97.26 · +15% buffer = $111.85

📅 Part-Time Consultant Strategy

A retired executive consults 3 days/week, 6 hrs/day, with 10 weeks off. Target: $60,000/year at 90% billable.

1Working days: (52 − 10) × 3 = 126 days
2Billable: 126 × 6 × 0.90 = 680 hrs
3Rate: $60,000 ÷ 680 = $88.24/hr
Hourly Rate: $88.24 · Daily: $529.44

❓Frequently Asked Questions

💼 About the Freelancer Rate Converter

This bidirectional converter tackles the most fundamental pricing challenge every freelancer faces: translating between an hourly rate and a sustainable annual income. Unlike the simplistic "hourly × 2,080" calculation that assumes you work 52 weeks with zero time off and 100% billable utilization, this tool lets you model your actual working reality.

You control hours per day, days per week, vacation days, public holidays, and –critically –your billable hours percentage. Billable time is the real constraint in freelancing: the hours you can invoice clients, as opposed to the time spent on admin, marketing, proposals, and skill development. The default 80% reflects an established freelancer; newer practitioners often land closer to 60-70%.

The annual-to-hourly direction answers an equally practical question: "If I want to earn $100,000 next year, what hourly rate do I need to charge?" The answer depends entirely on your realistic billable capacity. Use this tool when: setting your rates as a new freelancer, evaluating whether to adjust rates with existing clients, comparing a freelance opportunity against a salaried offer, or projecting revenue targets for the coming year.