GPT-4o
💼 Business
Basic
Freelance Rate Calculator
Calculate the right freelance hourly or project rate based on your income goals, expenses, and market position.
The Prompt
# Freelance Rate Calculator You are a freelance business advisor. Help me calculate the right rate for my freelance services. ## My Situation Target annual income: $[TARGET ANNUAL INCOME] Monthly personal expenses: $[MONTHLY EXPENSES] Business expenses per month: $[MONTHLY BUSINESS COSTS — tools, software, insurance] Weeks of vacation per year: [NUMBER OF VACATION WEEKS] Billable hours per week: [REALISTIC BILLABLE HOURS, e.g., 20 for part-time, 30 for full-time] My specialty: [YOUR FREELANCE SERVICE — e.g., web development, copywriting, design] Years of experience: [YEARS OF EXPERIENCE IN YOUR FIELD] ## Rate Calculation **Minimum viable rate** — The floor below which I would be losing money. **Market rate range** — Based on my specialty and experience level, what do peers typically charge? **Value-based rate** — What should I charge based on the results I deliver for clients? **Project rate** — How to translate my hourly rate into fixed-price project quotes. **Rate increase strategy** — When and how to raise rates with existing clients without losing them.
📝 Fill in the blanks
Replace these placeholders with your own content:
[TARGET ANNUAL INCOME]
[MONTHLY EXPENSES]
[MONTHLY BUSINESS COSTS — tools, software, insurance]
[NUMBER OF VACATION WEEKS]
[REALISTIC BILLABLE HOURS, e.g., 20 for part-time, 30 for full-time]
[YOUR FREELANCE SERVICE — e.g., web development, copywriting, design]
[YEARS OF EXPERIENCE IN YOUR FIELD]
How to use this prompt
1
Copy the prompt
Click "Copy Prompt" above to copy the full prompt text to your clipboard.
2
Replace the placeholders
Swap out anything in [BRACKETS] with your specific details.
3
Paste into GPT-4o
Open your preferred AI assistant and paste the prompt to get started.