Freelance calculators
Project Price Calculator
Build a project quote from time, hourly rate, fixed costs, and an optional profit markup. Your inputs stay in this browser.
Live calculator
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What this calculator measures
Project price combines estimated labor and fixed project expenses, then optionally applies a markup for profit and delivery risk.
Formula
Base = Hours x Hourly Rate + Fixed Expenses; Quote = Base x (1 + Markup %)
Worked example
- 140 hours x $100 plus $500 expenses gives a $4,500 base.
- 2A 20% markup produces a $5,400 quote.
How to interpret the result
A quote still needs a defined scope, revision limits, payment schedule, and change process.
Common mistakes and limits
- Forgetting meetings, applying markup only to labor, or using margin and markup interchangeably.
Frequently asked questions
Is markup required?
No. Set it to zero to use the base formula.
Should tax be included?
Handle sales or value-added tax according to local rules and quote terms.
What about contingency?
Include it in hours, fixed expenses, or the disclosed markup consistently.