How Much to Charge as a Freelancer

If you are thinking about leaving your job and going out on your own as a freelancer, you may want to calculate how much you can charge your clients. There are a lot of ways to determine your hourly rate, but the best method is to take your desired salary and divide it by the number of hours you expect to work each week. Starting your own freelancing career can be a great move for some people, but you should consider some of the additional costs and benefits that you may encounter when you start working for yourself.



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Comments

  1. Jeff Belamy

    February 21, 2012

    Note that the above calculator does not tell you how much to charge as a free lancer. One of the biggest differences between being employed and being a free lancer is that you are getting paid for less hours. Remember that you have to work to get the work.

    You might want to figure 3 times what the calculator shows you or more. Sometimes you need to charge more just to be taken seriously. On the other hand, sometimes “the price is in the market” and just have to decide if you can afford to work at the market price

    • Eric Bell

      February 22, 2012

      You make a great point here. When I first started doing freelancing work, I found that getting work was the toughest part. If you don’t have a ton of experience doing consulting or freelancing work, sometimes its good to take a little less to get a few experiences under your belt. Either way, I appreciate the comment and look forward to learning more from you Jeff!

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