Free Freelancer Tool

Project Rate Calculator

Stop guessing your prices. Calculate exactly what you should charge to stay profitable, cover taxes, and handle scope creep.

Project Fee Estimator

Base Labor$3,000
Buffer (Scope Creep)$600
Tax Reserve$720
Project Total
$4,320
Start Project

Target Rate Finder

Required Rate:$88/hr

Use This Rate Today

Don't rely on back-of-napkin math. Flowlancerr builds these rates directly into your proposals and invoices.

  • Create professional proposals
  • Track time against budget
SIMPLE PROCESS

How It Works

Calculate your perfect rate in 3 easy steps

1

Estimate Effort

Input your estimated hours and base hourly rate for the project.

2

Add Buffers

Account for scope creep (contingency) and business expenses.

3

Set Tax Reserve

Include a tax percentage so you aren't surprised at tax season.

FAQ

Frequently Asked Questions

Everything you need to know about pricing your work

Why do I need a contingency buffer?

Projects often expand beyond the initial scope or take longer than expected. A 20% contingency buffer protects your effective hourly rate and ensures you remain profitable even if things go wrong.

How is the 'Required Hourly Rate' calculated?

It takes your target annual income, adds your annual business expenses, and divides the total by your billable hours. We calculate billable hours by subtracting your weeks off (holidays/sick days) from 52 weeks.

Is this effective for fixed-price projects?

Yes! This is actually the best way to price fixed projects. By reverse-engineering your costs and time, you can give a confident fixed price that includes a safety margin, rather than guessing.

What is the Tax Reserve?

This calculates how much you should set aside from each project for income taxes. It's added on top of your base fee so that your "take home" pay meets your goals.

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