Consulting Day Rate Calculator
Day rate from your income target.
Enter your values
ⓘ Live results
Results
- Day rate needed
- $983.02
- Billable days per year
- 143
- Gross revenue needed
- $140,571.43
- Hourly equivalent
- $131.07
Quick answer
Consulting day rates must cover non-billable days, costs and tax on top of your take-home target.
Day rate = (target + costs) ÷ billable days
How to use the Consulting Day Rate Calculator
- 1Enter your target take-home pay.
- 2Add annual business costs and your tax rate.
- 3Set working weeks and realistic utilisation.
Worked example
Using the values the calculator loads with:
Inputs
- Target take-home90000 $
- Business costs12000 $
- Tax rate30 %
- Working weeks44
- Utilisation65 %
Results
- Day rate needed$983.02
- Billable days per year143
- Gross revenue needed$140,571.43
- Hourly equivalent$131.07
Frequently asked questions
What utilisation is realistic?
60–70% for independents once sales and admin are counted.
Should I discount for long engagements?
A 10% discount for 20+ day bookings is common and often worth it.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.