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🧮 Freelance & Small Business · Tool #19

Freelance Project Cost Calculator

Calculate total project cost from labor, subcontracting and direct expenses.

Enter your business figures

Enter the figures below to calculate your result.

Currency selection changes only the displayed symbol. No exchange-rate conversion is performed.
Your estimated project hours.
Economic cost per hour.
External contractor cost.
Other project expenses.
Risk allowance applied to direct project cost.

Calculation Results

Based on the figures you entered.

Primary Result$2,420.00
Direct Project Cost$2,200.00
Contingency Allowance$220.00
About this calculationContingency is a planning allowance, not an expense unless the risk occurs.

How the Freelance Project Cost Calculator Works

Calculate total project cost from labor, subcontracting and direct expenses.

Direct cost = labor + subcontractor + expenses; total estimated cost = direct cost × (1 + contingency).

Use the result as a planning estimate. Contracts, tax rules, platform terms and actual business costs may differ.

How to use this calculator

What to enter

Enter or select the following as requested: Currency — Display Only; Your Project Hours; Internal Hourly Cost; Subcontractor Cost; Other Direct Expenses; Contingency (%). Follow the units, valid ranges, examples, and options displayed beside each field.

What the result means

The total is the sum of the cost items and any contingency or allocation entered. Check whether each amount is monthly or annual so unlike periods are not accidentally compared.

When to use it

Use this to budget business or project costs and compare the estimate with actual spending.