Free calculator
Consulting Rate Calculator
Free Consulting Rate Calculator with instant browser-based results and a clear calculation breakdown.
💼 Consulting Rate Calculator
Calculate your ideal consulting hourly rate based on your desired annual income, billable hours, and business expenses. This tool helps freelancers and consultants determine sustainable pricing.
Income Goals
$ / year
Time & Availability
weeks
hours
Business Expenses
$ / year
%
%
Your Recommended Hourly Rate:
$0.00
Total Billable Hours/Year:
0
Desired Salary:
$0
Business Overhead:
$0
Taxes (on revenue):
$0
Profit Margin:
$0
Total Annual Revenue Needed:
$0
How this is calculated: Your hourly rate is determined by dividing your total required annual revenue by your billable hours. The formula accounts for: (1) Your desired take-home salary, (2) Business overhead costs, (3) Taxes on gross revenue, and (4) Your target profit margin. This ensures all costs are covered while meeting your income goals. Actual rates may vary based on market conditions, experience, and client budgets.
Want to understand the calculation?
Read the guideSee examples, formula notes and limitations.