consulting
fee calculator

Calculate your hourly, daily, and project consulting rates.

Multiple rate types

Experience adjustment

Income goals

tl;dr

Consulting Fee Calculator Calculate hourly, daily, and project rates for consulting. Factor in experience, specialization, and income goals.

Set consulting fees that match your income goals. Account for experience, specialization, and billable hours.

Never miss a customer call

Writly answers when you can't, books the work, and sends the details to your phone.

Find leads with Writly

More Business Coaching tools

client goal tracker

track client progress toward coaching goals. monitor completion and identify areas needing focus.

coaching roi calculator

calculate the return on investment for business coaching. justify coaching fees with clear roi metrics.

consulting proposal template

generate professional consulting proposals with scope, deliverables, and pricing. win more consulting clients.

session prep template

prepare for coaching sessions with structured templates. capture wins, challenges, and focus areas.

Frequently asked questions

How do consultants set their rates?

Start with income goals, factor in billable hours, adjust for experience and specialization, then structure fees for different engagement types.

How does experience affect the calculated rates?

Experience level influences the rate as more experienced consultants typically can charge higher fees.

Can this tool help if I have multiple specializations?

Yes, input your primary specialization or run calculations separately for each to find the best rate.

What if my billable hours vary each week?

Use an average of your expected billable hours to get the most accurate rate.

Why do I need to input working weeks per year?

This helps determine your total billable hours annually, ensuring your rates align with your annual income goal.

Is the project rate calculated for specific project durations?

Yes, the tool allows input for project duration to calculate a suitable project rate.

More tools

Ready to scale your business?

Join hundreds of businesses using Writly to win more contracts.

Try Writly call desk

Example: Consulting Fee Calculator in action

A consultant with 5 years of experience wants to set a new project rate aligned with their income goals.

Sample input

Experience Level: 5 years
Specialization: IT Consulting
Annual Income Goal: $120,000
Billable Hours Per Week: 20
Weeks Per Year: 48

Result

Hourly Rate: $125 Daily Rate: $1,000 Project Rate (based on a 3-month project): $36,000

About Consulting Fee Calculator

The Consulting Fee Calculator is a specialized tool tailored for consultants who wish to establish competitive yet sustainable fee structures. By considering factors such as experience, specialization, and desired annual income, the tool provides a comprehensive calculation of hourly, daily, and project rates. This is essential for consultants aiming to meet their financial goals while offering market-relevant pricing. Whether you're new to consulting or seeking to adjust your rates, this tool offers a clear pathway to defining your value proposition in a competitive marketplace.

How it works

Input your years of experience and specialization.
Define your annual income goals and available billable hours.
The tool calculates your hourly, daily, and project rates.
Review the calculated rates to align your consulting fees with your income goals.

When to use it

A freelance consultant setting new fee structures.
A business coach advising clients on pricing strategies.
A new consultant determining initial market rates.
A seasoned professional re-evaluating fees for niche projects.