Charge-Out Rate Calculator
Discover your minimum hourly rate to cover your desired income and business overheads
Your Numbers
$60,000
$20,000$200,000
$30,000
$5,000$100,000
1,600 hrs
500 hrs2,500 hrs
Tip: 40 hrs/week × 40 weeks = 1,600 billable hours
Your Minimum Hourly Rate
$56.25/hr
The absolute minimum you need to charge to cover your desired income and all business costs.
Desired Income:$60,000
+ Overheads:$30,000
Total Required:$90,000
Annual Revenue at This Rate
$90,000
If you bill 1,600 hours at $56.25/hr
Pro tip: Most successful tradespeople charge 20–40% above their minimum rate to build in a buffer and invest in growth.