Day Rate Calculator
Convert an annual income target into a contractor day rate based on how many days you work per year.
- Hourly (8-hour day)
- $48.91/h
- Weekly (5 days)
- $1957
Formula: Day rate = annual income ÷ working days
About Day Rate Calculator
Day Rate Calculator is a free online calculator that gives you an instant, accurate result as you type. Convert an annual income target into a contractor day rate based on how many days you work per year.
The calculation uses the standard formula Day rate = annual income ÷ working days and updates live with every change to the inputs. Everything runs client-side in your browser — fast, private, and free to use as often as you like.
After subtracting weekends, holidays, sick days, and downtime, most contractors realistically bill around 220–230 days per year rather than 260.
Frequently Asked Questions
Is Day Rate Calculator free to use?
Yes. Day Rate Calculator is completely free, with no sign-up, no downloads, and no usage limits. You can use it as many times as you like on any device with a web browser.
How accurate is this calculator?
The calculator applies the standard formula (Day rate = annual income ÷ working days) with full floating-point precision and rounds only the displayed result. For most practical purposes the results are exact.
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