Project Cost Estimator for Freelancers
Accurately price your freelance projects every time with our free Project Cost Estimator.
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Project Cost Estimator
Your Effective Hourly Rate: $0.00
Your Estimated Profit: $0.00
Benefits of Using a Free Project Cost Estimator
Accurate Pricing
Eliminate guesswork and ensure your proposals reflect the true value of your skills and effort.
Maximize Profitability
Factor in all costs and desired margins to ensure every project contributes positively to your bottom line.
Boost Confidence
Present quotes with certainty, knowing your figures are based on solid calculations, not assumptions.
Efficient Quoting
Generate estimates quickly for various project scenarios, saving time and speeding up your sales process.
Better Project Planning
Gain clearer insight into the time and resources required, leading to more realistic timelines and deliverables.
Professional Impressions
Submit well-calculated, transparent pricing that enhances your professional image with potential clients.
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F.A.Q.
Yes, absolutely! This Project Cost Estimator is a completely free tool provided by Feedcoyote to help freelancers and small business owners accurately price their services. There are no hidden fees or subscriptions required to use it.
The accuracy of the estimate largely depends on the information you provide. The tool uses your input for hourly rate, estimated hours, material costs, and desired profit margin. By entering realistic figures for these variables, you can get a very reliable and actionable project cost estimate.
This field is for any expenses directly related to the project that aren’t covered by your hourly rate. Examples include:
Specific software licenses needed for the project.
Stock photography or assets.
Printing costs.
Third-party services or plugins you need to purchase.
Any out-of-pocket expenses that will be incurred.
This percentage allows you to build in a profit on top of your direct costs (labor + materials). The tool calculates the final project cost by dividing your subtotal (labor + materials) by (1 - (profit margin / 100)). This ensures that after all costs are covered, you achieve your desired profit for the project.
This free online estimator is designed for quick, one-off calculations and does not save your data or track multiple projects. For comprehensive project management, including detailed time tracking, saving estimates, creating proposals, managing contracts, and invoicing clients, you’ll find Feedcoyote’s integrated Project Management Suite invaluable. Visit Feedcoyote to learn more!