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Service Hourly Rate Calculator
Calculate profitable hourly rates
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About this tool
The Service Hourly Rate Calculator helps service businesses determine the optimal pricing for their time. Factor in your costs, desired profit margin, and billable hours to set competitive rates that ensure profitability while staying attractive to clients.
How to use it
- 1 Enter your annual salary goal or desired income
- 2 Add your business overhead costs (rent, insurance, tools)
- 3 Estimate your billable hours per year (typically 1,000-1,500)
- 4 Set your target profit margin
- 5 Calculate your minimum hourly rate
- 6 Compare with market rates and adjust
What you get
- Price services profitably
- Cover all business costs
- Set competitive rates
- Understand true hourly value
- Plan for growth
Service Manager Do it for every case with Service Manager
Calculate one rate — or run quote-to-invoice in one workflow with payment links in Service Manager.
Cancel anytime · No long-term contract · 14 days free
