Add the requested inputs
Use the labelled fields in the workspace above. If example values are provided, try them first or replace them with your own.
Money & business · Free online tool
Hourly rate calculator
Turn an income target, working pattern and business costs into a sustainable hourly rate. Estimate the billable rate needed when not every working hour can be invoiced.
3 guest runs per rolling 24 hours10 with a free accountPrivate inputsMobile-friendly
Hourly rate calculator workspace
Runs locally in your browser
Result
Billable hourly rate—
All-hours rate—
Weekly target—
Monthly target—
Annual hours—
Use it with confidence
How to use the hourly rate calculator.
Calculate and review
Use the main action when needed. Required revenue = income target + annual costs. Rate = required revenue ÷ estimated billable hours.
Try a worked example
Reduce annual capacity for holiday, admin and a realistic billable percentage before dividing the target income.
Check the assumptions
Allow separately for tax, pension, bad debt, sales time and local market conditions.
Helpful answers
Hourly rate calculator FAQs.
Is the hourly rate calculator free?
Yes. Guests receive 3 runs per rolling 24 hours, verified free accounts receive 10, and Premium subscribers receive unlimited normal use.
Does UtilHub upload or save my inputs?
No. This tool runs in your browser and UtilHub does not receive or store the values you enter. Your browser or device may still retain normal local history or form data.
How does this hourly rate calculator work?
Required revenue = income target + annual costs. Rate = required revenue ÷ estimated billable hours.
What should I check before using the result?
Allow separately for tax, pension, bad debt, sales time and local market conditions.