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🎯 Coaching Tools

Consulting Rate Calculator

Calculate the minimum hourly consulting rate you need to hit your income target after overhead.

Rate details

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Fill in the details and click calculate.

Frequently Asked Questions

How do I set my consulting rate?

Target income ÷ realistic billable hours (usually 50–60% of working hours after sales and admin), grossed up for overhead and self-employment taxes. A $120k goal at 20 billable hours/week needs roughly $140–160/hour.

What is the salary-to-consulting-rate conversion?

A common heuristic: divide desired salary by 1,000 for an hourly floor ($100k → $100/hour minimum). It roughly accounts for unbillable time, benefits, and taxes you now cover yourself.

Hourly, day rate, or project pricing?

Hourly caps your income at hours worked; day rates reduce metering anxiety; fixed project or value pricing rewards efficiency and expertise. Most consultants migrate from hourly toward project/value as they specialize.

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