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Billing Rate Calculator

A simple billing rate calculator to help freelancers plan what their baseline billable rate.
Fill in your desired salary and weekly billable hours in the
table below.
Desired Salary is what you want to make after your expenses are paid.
Add up the benefits that you want to cover in the
Table
Look at your personal expenses (don’t forget to add the
@Minimum Business Expenses
like LLC, insurance etc) in the
table.
Add your desired time off in the
Table.
After doing this your “Break Even” Rate will be populated in the
table.
Rate Models
0
Desired Salary
Weekly Billable Hours
Overhead
Benefits
Total Income
Break Even Rate
1
$55,000.00
35
$65,220.00
$27,300.00
$147,520.00
$98.35
There are no rows in this table
Benefits
0
Name
Monthly Cost
Annual Cost
1
Medical Insurance
$550.00
$6,600.00
2
Life Insurance
$50.00
$600.00
3
Dental
$25.00
$300.00
4
401k
$1,625.00
$19,500.00
5
Vision
$25.00
$300.00
There are no rows in this table
$2,275.00
Sum
$27,300.00
Sum
Overhead (Expenses)
0
Expense Category
Monthly Total
Annual Total
1
Student Loans
$100.00
$1,200.00
2
Mortgage
$1,500.00
$18,000.00
3
Other Home Expenses
$3,000.00
$36,000.00
4
Minimum Business Expenses
$125.00
$1,500.00
5
Self employment taxes
$710.00
$8,520.00
There are no rows in this table
$5,435.00
Sum
$65,220.00
Sum
Time Off
0
PTO Type
Days
Hours
1
Holidays
12
96
2
Vacation
20
160
3
Sick
8
64
There are no rows in this table
40
Sum
320
Sum
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