Freelance Project Price Calculator

Estimate your fixed project price from hours, rate, expenses, and project buffer so you never undercharge again.

Project Parameters

h

Core implementation

$

Base freelance rate

h

Estimated hours for corrections

$

Licenses, assets, travel, etc.

15%

Accounts for unexpected delays or scope creep

10%

Additional margin on top of base labor and risk

Price Recommendation

Recommended Quoted Price

$4,774

This is your final, safe fixed price.

Absolute Minimum Price$3,400
Total Buffer & Margin+$1,374
Total Expenses$200

How to price a fixed-scope project

Fixed-price work is where freelancers lose the most money. A flat quote feels simple for the client, but if your estimate is too low you absorb every extra hour yourself. The fix is to build the price up from your time, not down from a number that “sounds fair.”

  1. Estimate the hours the project will realistically take.
  2. Multiply by your true hourly rate, not a discounted one.
  3. Add direct expenses such as assets, licenses, or subcontractors.
  4. Add a risk buffer (commonly 15–30%) for scope creep and revisions.

The calculator above turns these inputs into a defensible quote. Not sure what rate to plug in? Work it out first with the true hourly rate calculator, and see our invoicing best practices for getting that quote paid on time.

Quoted a fixed-price project? Ensure it's profitable.

TimeBill helps you track the actual work, manage costs, and see whether the project was really profitable. Stay on budget and generate beautiful PDF invoices when the job is done.

  • Track time by client, project and task.
  • Create professional PDF invoices and timesheets in seconds.
  • Export projects data and CSV reports.
  • Manage time-based and fixed-price projects.
  • Works offline — no login, no cloud.
Download on the Mac App Store