Typical: 220-250 days (accounting for holidays/vacation)
Day Rate
$522
per day
Hourly Rate
$65
per hour (8h day)
How do I calculate my day rate?
Divide your desired annual income by the number of working days in a year. For example, if you want to earn $120,000 per year and plan to work 230 days, your day rate would be $120,000 / 230 = approximately $522 per day. Remember to account for vacation, sick days, and non-billable time.
How many working days are in a year?
A typical year has about 260 weekdays (52 weeks x 5 days), but most consultants use 220-235 working days after accounting for holidays, vacation, and sick days. 230 is a common benchmark. Some freelancers use as low as 200 days to build in more buffer.
What is a typical consulting day rate in the US?
Consulting day rates vary widely by industry and experience. Junior consultants might charge $400-$800/day, mid-level $800-$1,500/day, and senior/specialist consultants $1,500-$3,000+ per day. Technology consultants in major cities often charge $1,000-$2,500/day. Your rate should reflect your expertise, market demand, and overhead costs.
Note: This calculator shows the pre-tax rate needed to reach your income target. Remember to also account for self-employment taxes (15.3%), health insurance, and business expenses when setting your actual rate.
Disclaimer: This calculator provides estimates based on current IRS rates and thresholds for the 2025 tax year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your filing status, state of residence, deductions, and individual circumstances. Always consult a qualified tax professional or CPA before making financial decisions. Read our terms
This calculator uses official rates and thresholds from:
- IRS Publication 334 — Tax Guide for Small Business
- IRS Schedule SE — Self-Employment Tax Instructions
- IRS Publication 463 — Travel, Gift, and Car Expenses
Last verified: March 2026 · Tax year 2025. Results are indicative — consult a qualified accountant for personalised advice.