What should I charge per hour?
Put in what you want to earn and what the business costs to run. You'll see the hourly rate to charge, and the least you can charge without losing money.
What the business costs a year
Examples to start with. Change them to yours.
Costs: a year
Charge
an hour
Break-even (your pay and costs, no profit)
an hour
The sum: (take-home pay + costs) ÷ (weeks × billable hours) = break-even. Add your profit and you have your rate.
Paying a worker?
Charge an hour for their time.
Their pay, plus your costs shared over your billable hours, plus your profit. Add payroll costs (such as CPP and EI, or Social Security and Medicare) to their pay if you pay them.
MightyCrews Free
Put your rate to work
Save your hourly rate in your MightyCrews price list and add it to quotes and invoices in a tap. Customers approve quotes online and pay invoices by card. Free to start, no card needed.
Pricing parts too? Try the markup and margin calculator →
See what others charge: pricing guides by trade →
This calculator is a starting point, not financial or tax advice. Your accountant can help you set your rate.