🔨 Contractor Tools
Contractor Labor Rate Calculator
Find the hourly rate you need to charge to hit your income target after overhead and profit.
Your financials
1600 = ~40 hrs/week with 4 wks off
Insurance, tools, vehicle, marketing
Fill in the details and click calculate.
Frequently Asked Questions
What does a construction worker really cost per hour?
Base wage plus 25–40% burden: payroll taxes, workers comp (high in construction trades), liability insurance, and benefits. A $28/hour carpenter costs $35–39/hour on the books.
How do I convert crew cost into a billing rate?
Multiply loaded crew cost by 1.5–2.5× to cover overhead and profit. A crew costing $95/hour typically needs to bill $150–200/hour depending on your overhead structure and market.
Should I include supervision time in labor estimates?
Yes — a working foreman spending 20% of the day directing rather than producing effectively raises crew cost per productive hour. Estimate production hours and supervision separately on larger jobs.
More Free Tools for Contractors
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Markup Calculator
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Overhead Calculator
Your true overhead cost per project