Gig Economy Benefits Cost Calculator

Full-time employees enjoy employer-subsidized benefits worth $15,000–$30,000 per year. As a freelancer you pay for everything yourself. This calculator totals your annual out-of-pocket benefits cost so you can factor it into your rates and savings goals.

Health insurance ($/mo)

Dental + vision ($/mo)

Retirement contribution ($/mo)

Disability insurance ($/mo)

Life insurance ($/mo)

PTO value (days/yr × daily rate)

Professional development ($/yr)

Other (HSA, FSA, gym, etc.) $/mo

Annual out-of-pocket benefits cost

To break even with a salaried employee, add this amount to your freelance revenue target. Factor it into your hourly rate calculation.