Contractor Hourly Rate Calculator
Find the minimum hourly rate you need to charge to cover expenses and hit your income goals.
Your Rate Breakdown
Total Annual Expenses:
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Revenue Needed to Hit Goals:
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Total Billable Hours/Year:
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MINIMUM HOURLY RATE:
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Daily Rate (8-hour day):
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Weekly Rate:
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Note: This is your minimum rate to cover costs and hit your income
target. Many contractors charge 10–20% above the minimum to account for
slow periods, non-billable time, and growth. Adjust based on your market,
experience, and specialization.