Earnings Calculator
Project monthly and annual income from your hourly rate and weekly schedule.
Your Rate & Schedule
Results
Monthly Income
$11,368.75
Based on 4.33 avg weeks / month
Annual Income
$136,500.00
52 working weeks
Full Breakdown
How to Use the Earnings Calculator
- 1 Enter your hourly rate
Type the dollar amount you charge clients per hour. You can use decimals — for example, $87.50.
- 2 Set your weekly hours
Enter the number of billable hours you work each week. The calculator updates instantly as you type.
- 3 Read your projections
Your daily, weekly, bi-weekly, monthly (4.33-week average), and annual income appear in real time — no button to press.
- 4 Adjust and compare
Try different rate or hours combinations to model a raise, a new contract, or a part-time scenario.
Why Use a Freelance Earnings Calculator?
Set rates with confidence
Knowing your projected monthly income removes guesswork when quoting new clients or negotiating project fees.
Plan around irregular income
Freelance income fluctuates. Running multiple scenarios helps you build a realistic budget for slow months.
Compare hourly vs. project pricing
Divide a project fee by your target hours to instantly see whether it meets your effective hourly rate.
Benchmark against employment
Convert an annual salary offer to an hourly equivalent and compare it with your freelance rate to make informed career decisions.
Frequently Asked Questions
How is the monthly income calculated?
Monthly income is calculated using the average number of weeks in a month: 4.33 weeks (52 weeks ÷ 12 months). This means your monthly figure = hourly rate × hours per week × 4.33. It's the standard freelance convention for smoothing out the fact that some months have four weeks and others have five.
What does the daily figure represent?
The daily snapshot uses a standard 8-hour reference workday: daily income = hourly rate × 8. This is a reference figure for planning and quoting day rates — it does not factor in your personal hours-per-week setting.
Does the calculator account for taxes or expenses?
No — all figures shown are gross income before taxes, self-employment contributions, or business expenses. To estimate your take-home pay, subtract your effective tax rate and recurring costs (software, insurance, equipment) from the annual figure.
How many billable hours should I enter?
Enter only the hours you actually bill to clients — not total working hours. Freelancers typically spend 20–30% of their time on non-billable tasks (admin, marketing, proposals). If you work 40 hours total, a realistic billable figure is often 28–32 hours per week.
What hourly rate should I charge as a freelancer?
A common starting point: take your desired annual salary, add 20–30% for taxes and self-employment costs, add your annual expenses, then divide by your expected billable hours per year. For example, a $80,000 target salary with $10,000 expenses and 1,500 billable hours per year suggests a rate of roughly $60–$75/hr.
Is my data saved or shared?
No. All calculations happen entirely in your browser. Nothing you enter is sent to a server, stored in a database, or shared with any third party.