Contractor Rate Calculator
Price contractor work by project, day, or hour while accounting for expenses and target income.
Free to use. No account required for this calculator.
Service rate calculator
Price this contract job
Net earnings
$1,560.00
Effective rate /project
$1,560.00
Versus target
+$360.00
These are planning estimates. Real rates should also account for taxes, downtime, scope risk, and local market expectations.
What goes into a contractor rate?
Contractor pricing has to cover direct job costs, travel, supplies, tools, insurance, admin time, and downtime between jobs. A quote that only covers labor can leave too little room for the business.
For per-project work, calculate the net amount after expenses and compare it with your target per-project or effective hourly rate.
When jobs repeat, save the rate assumptions so new quotes start from a known profitable baseline.
Frequently asked questions
How do contractors calculate a project rate?+
Add direct costs, estimated labor, overhead, risk buffer, and target profit. Then compare the total with market expectations and the time required.
Should materials be marked up?+
Many contractors mark up materials to cover sourcing time, financing, waste, and risk. The right markup depends on the trade and customer expectations.
Can this work for day rates?+
Yes. Change the unit to per day and enter your target day rate, expenses, and expected days per week.
Why track effective rate after a job?+
It shows whether the job actually met your target after extra time, supplies, or travel were included.
Quote from numbers you trust
ProfitCalc helps contractors save common rates and turn repeat work into repeatable pricing.