Lunio
Free tool

Freelance Hourly Rate Calculator.

Estimate what to charge per hour based on income goals, expenses, billable hours, and time off.

Built for Canadian freelancers Plan realistic billable hours Simple, transparent math
Estimates only. Adjust inputs to match your business.
Example

Turn goals into a rate.

See how expenses and time off affect your hourly rate.

Target income$85,000
Annual expenses$14,400
Suggested rate$78.25/hr
Rate calculator

Estimate a sustainable hourly rate.

Enter your income goals and working assumptions. Lunio calculates a recommended rate and a minimum sustainable rate.

How much you want to take home before tax.

Software, equipment, insurance, accounting, etc.

Adds a cushion for growth, taxes, and surprises.

Enter your assumptions to calculate.

Results

Updates instantly as you type.

Suggested hourly rate$0.00/hr
Minimum sustainable rate$0.00/hr
Annual revenue target$0.00
Monthly revenue target$0.00
Annual billable hours0
Adjust inputs to model different workload and income scenarios.
Guide

How to figure out what to charge as a freelancer.

A sustainable rate includes your income goals, business expenses, and the reality that not every hour is billable.

Why billable hours matter

If you only bill 20–30 hours per week, your rate needs to cover the rest of your time spent on sales, admin, and delivery.

Plan for admin time Account for client gaps Protect time off
Tip

Expenses affect your hourly rate

Software subscriptions, insurance, tools, and taxes all increase what you need to earn to stay profitable.

Avoid pitfalls

Common freelance pricing mistakes.

Most freelancers underprice by ignoring expenses and overestimating billable hours. This tool helps you plan realistically.

Mistake #1

Ignoring business expenses

Your rate should cover software, contractors, and professional fees.

Mistake #2

Overestimating billable hours

Most freelancers bill 20–30 hours per week after admin time.

Mistake #3

Skipping a buffer

A buffer keeps you covered during slow months and unexpected costs.

FAQ

Freelance rate calculator FAQ

How do I calculate my freelance hourly rate?

Add your desired income and expenses, apply a buffer, then divide by annual billable hours.

How many billable hours should I assume?

Many freelancers plan for 20–30 billable hours per week, depending on their workload.

Should I include expenses in my rate?

Yes. Expenses reduce your take-home income if you do not include them.

Can I use this calculator in Canada?

Yes. The calculator is tailored for Canadian freelancers and small businesses.

Is this calculator free?

Yes. All Lunio free tools are available without an account.

Ready to bill clients at your new rate?

Use Lunio to create invoices, track taxes, and manage your freelance business.

Send professional invoices and stay organized with client payments and GST/HST tracking.