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Consulting Rate Calculator

Laptop displaying financial dashboard with upward trending profit graph and analytics charts on modern office desk

Use our Consulting Rate Calculator below to instantly determine how much you should charge (or how much your time is really worth) to achieve your income goals. However, as you fill this out, here’s a crucial insight:

Most consultants using hourly or daily rates are significantly undercharge.

This calculator is a helpful first step. But if you’re truly serious about maximizing your consulting revenue, consider value-based pricing. According to our Consulting Fees Study, consultants who transition from hourly rates to value-based pricing increase their project fees by 30% to 400% or more. To see exactly how we’ve helped other consultants exponentially raise their fees, explore our case studies here.

Instructions on How to Use This Calculator

Enter your desired annual income, billable days, and operating costs — and you’ll immediately see your optimal hourly and daily fees. If you charge in dollars, pounds, or euros, it doesn’t matter. Just keep the currency consistent throughout.

Step 1: Billable Days
?? Total ‘non-working’ days
?? Billable Days in a year
Step 2: Annual Operating Costs
$
$
$
$
$
$
$
$
$
$
?? Your annual operating costs
?? Your daily overhead
Step 3: Project Size (optional)
Step 4: Target Income
$
Clear Form & Start Again
?? Is your daily billable rate
?? Is your ideal hourly rate
Around ?? projects per year

How to Increase Your Fees by 30%-400% or More

Ready to stop trading time for money? Our Clarity Coaching™ Program gives you personalized coaching, hands-on advice, battle-tested templates and tools, and proven strategies to confidently transition to value-based pricing. You’ll learn exactly how to raise your consulting fees by 30%-400%+ — without scaring away clients.

Learn more about Clarity Coaching™ and apply for a complimentary, no-pressure growth session with one of our Clarity Coaches to see if we’re a fit. Even if we’re not, you’ll walk away with some actionable insights.