Dev Tools · 16h ago
How to Calculate Your True Freelance Hourly Rate
Most developers miscalculate freelance rates by dividing target salary by 2,080 hours, ignoring self-employment taxes, non-billable admin time, and unpaid leave. The correct formula accounts for target net income, business expenses, regional taxes, and realistic billable hours (4-6 per day). A free calculator at freelancepaycalculator.com automates this for US, UK, Germany, and other markets.
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This is a practical guide for developers, but the linked calculator's accuracy depends on users inputting correct local tax data.
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How to Calculate Your True Freelance Hourly Rate (Taxes & Overhead Included) →
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