Project Pricing Calculator

Turn an hour estimate into a quote. Get three price options, see the effective hourly rate if the job overruns, and a suggested deposit.

Last reviewed 2026-11-09

Your numbers

h
$
%

Covers revisions and scope creep.

$
%

Results

Lean price (no buffer)
$3,100
Standard price (with buffer)
$3,700
Premium price
$4,625
Effective hourly rate if the lean price overruns
$62.50
Suggested 50% deposit
$1,850

Results update as you type.

Estimates for planning only. This is not tax, legal or financial advice. Read the full disclaimer.

Why quotes need a buffer

Most projects take longer than the first estimate because of revisions, delays in feedback and small extra requests. If you quote exactly hours times rate, any overrun comes out of your own pay. A scope buffer adds a percentage of time to the price to cover that. The calculator shows the effect: if you quote the lean price and the work runs over by your buffer percentage, your effective hourly rate falls.

Three price tiers

The lean price is hours times rate plus direct expenses. It works for small, well-defined jobs. The standard price adds the buffer to the hours and is a safe default. The premium price lifts the standard price by a percentage. It suits rush work, higher-risk projects, or a package with extras such as more revisions or priority support.

Offering tiers can help clients choose, and it often shifts the conversation from your hourly rate to the outcome they want.

Protecting yourself

Put scope, number of revisions, timeline and payment terms in writing. A 50% deposit before work starts is common. Direct expenses such as stock assets, plugins or subcontractors should be passed through at cost or with a handling fee, and they are included in the totals here.

Protect yourself from scope creep

Scope creep is the quiet extra work that turns a profitable project into an unprofitable one. Define deliverables and the number of revision rounds in writing, and state an hourly or per-change price for anything beyond that. When a request falls outside scope, send a short quote before you start.

If you price per project, track your hours anyway. Comparing actual hours with your estimate is the best way to price the next project better.

Frequently asked questions

How do I estimate hours for a project?

Break the work into tasks, estimate each, and add time for communication and revisions. Compare against similar past jobs if you have them.

What buffer percentage should I use?

Many freelancers use 15% to 30%. Use more for unclear scope or new types of work.

Is value-based pricing better than hourly?

It can be, when the client’s return is large compared with your time. This calculator gives a floor based on time so you do not price below your costs.

Should I charge a deposit?

A deposit reduces risk and commits the client. The calculator suggests 50% of the standard price as a starting point.

How do I price a freelance project?

Estimate hours task by task, multiply by your rate, add a buffer for revisions and delays, then add direct costs. The calculator gives you three versions.

What is a kill fee?

A fee the client pays if they cancel a project after work has started. It is set in the contract and covers the time you reserved.

Should I charge for revisions?

Include a set number of rounds in the price, and charge for extra rounds at your hourly rate.