Estimate your freelance project price based on hours, rate, expenses, overhead, and desired profit margin.
Effective rate: $105.00/hr
| Labor Cost | $3000.00 |
| Overhead | $300.00 |
| Direct Expenses | $200.00 |
| Subtotal | $3500.00 |
| Profit Amount | $700.00 |
| Total Price | $4200.00 |
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Labor Cost = Hours ร Hourly Rate
Subtotal = Labor + Overhead + Expenses
Total Price = Subtotal ร (1 + Margin%)
Calculate your total hours ร hourly rate + direct expenses, then add a profit/buffer margin (10โ30%) and overhead allocation.
Most freelancers add 15โ25% margin on top of costs to account for revisions, admin time, and profit.
Fixed pricing is preferred for well-defined projects. Hourly is better for open-ended or research-heavy work.
Include software, stock assets, subcontractors, travel, printing, hosting, or any direct cost tied to the project.
Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.