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
Target Rate Finder
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
How It Works
Calculate your perfect rate in 3 easy steps
Estimate Effort
Input your estimated hours and base hourly rate for the project.
Add Buffers
Account for scope creep (contingency) and business expenses.
Set Tax Reserve
Include a tax percentage so you aren't surprised at tax season.
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.
Take Your Business to the Next Level
Flowlancerr gives you professional invoices, proposals, and contracts in one place. Start looking like a pro today.
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