What is Hourly Rate Calculator?
Your time is priceless—calculate its worth and charge accordingly. This calculator helps freelancers determine their hourly rate based on their desired monthly income, work schedule, and expenses.
Problem
Freelancers manually calculate their hourly rates using spreadsheets or basic math, leading to time-consuming calculations and inaccurate pricing due to overlooked expenses or workload variations.
Solution
A web-based hourly rate calculator tool that automates rate calculation by letting users input desired monthly income, work hours, and expenses. Example: A freelancer inputs $6,000 monthly income, 100 work hours/month, and $500 expenses to get a $65/hour rate.
Customers
Freelancers (consultants, designers, developers) and solopreneurs needing to set competitive rates while covering expenses.
Unique Features
Combines income goals, workload, and expenses into a single formula with instant results; focuses on transparency to avoid underpricing.
User Comments
Saves time vs manual calculations
Clarifies fair pricing
Simple interface
Helps negotiate rates confidently
Useful for budgeting
Traction
Launched on ProductHunt (details unspecified); targets 59M+ US freelancers (Upwork 2023).
Market Size
US freelance workforce contributed $1.35 trillion to the economy in 2023 (Upwork).
