Freelance Rate Calculator

Calculate Your Freelance Rate





Formula

The formula to calculate your Freelance Rate (R) is:

\[ R = \frac{DS}{H \cdot W} \cdot 1.30 \]

Where:

Freelance Rate Definition

A freelance rate is an hourly monetary fee charged to a customer for freelance work performed by someone providing a service. This rate is typically expressed as \$/hour of work.

Example Calculation

Consider an example where:

Using the formula to calculate the Hourly Rate:

\[ R = \frac{50000}{40 \cdot 48} \cdot 1.30 \approx 33.85 \text{ \$/hr} \]

This means that the hourly rate for this example is approximately $33.85/hr.