Freelance Rate Increase Calculator
See what a rate increase actually means -- your new hourly rate and the real annual income impact.
This tool is provided for convenience and does not constitute tax, legal, or financial advice. Check figures and documents with a qualified professional before relying on them.
Editing the increase percentage or the new rate updates the other automatically.
Used to estimate the annual impact of the increase.
New rate
$82.50
Increase per hour$7.50
Annual impact$9,000.00
FAQ
- How much should I raise my freelance rates by?
- There's no universal number, but a common guideline is reviewing rates annually and raising them 5-15% if demand is steady or growing, more if you're significantly underpriced relative to the market. This calculator shows the real dollar impact so you can judge whether a given percentage is actually meaningful.
- Why does the annual impact matter more than the per-hour amount?
- A $5/hour increase sounds small, but multiplied across a full year of billable hours it can be thousands of dollars -- seeing the annual figure often makes the case for asking clearer than the per-hour number alone.
- Is my data sent anywhere?
- No. The calculation runs entirely in your browser -- nothing is sent to a server.
Related tools
Not sure about your baseline rate? Start with the Hourly Rate Calculator. See all tools.