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- Hourly rate = day rate ÷ hours in the working day.
- Day rate = hourly rate × hours in the working day.
- A $400 day rate over 8 hours is $50 an hour.
- Weekly, monthly and yearly totals depend on how many days and weeks you really work.
How to use the day rate to hourly calculator
Choose the direction
Pick Day rate to hourly, or Hourly to day rate.
Enter the rate
Type the day rate or the hourly rate in your currency.
Set the hours
Enter the hours in your working day. Use the hours you really work.
Check the totals
Open the advanced options to set days per week and weeks per year, then read the weekly, monthly and yearly income.
How the conversion works
A day rate is a fixed price for a day of work. To compare it with hourly offers, divide it by the hours in the day. To turn an hourly rate into a day rate, multiply it by the same number of hours.
Day rate and hourly formulas
Hourly rate = day rate ÷ hours per day
Day rate = hourly rate × hours per day
Yearly income = day rate × days per week × weeks per year
Monthly income = yearly income ÷ 12
The calculator assumes 5 days a week and 48 working weeks a year, and you can change both.
Day rate to hourly examples
Example 1: a $400 day rate
8 hour day, 5 days a week, 48 weeks a year.
- Hourly rate $50.00
- Per week $2,000
- Per month $8,000
- Per year (240 days) $96,000
These are before tax and business costs.
Example 2: a $75 hourly rate
Converted to a day rate for an 8 hour day.
- Day rate $600
- Per week $3,000
- Per year (240 days) $144,000
75 × 8 = 600.
Example 3: a $500 day rate over 7.5 hours
A shorter working day.
- Hourly rate $66.67
- Per year (240 days) $120,000
Fewer hours in the day raises the hourly equivalent.
Hourly rate for a $400 day rate
Different day lengths.
- 6 hours $66.67
- 7 hours $57.14
- 8 hours $50.00
- 9 hours $44.44
- 10 hours $40.00
The same day rate pays less per hour as the day gets longer.
Where a day rate to hourly calculator helps
Compare job offers
Put a day rate and an hourly rate on the same scale.
Quote a client
Turn your target hourly rate into a day rate.
Check long days
See how longer days lower your hourly pay.
Plan income
Estimate weekly, monthly and yearly income.
If a day rate is quoted for 8 hours but you work 10, your real hourly rate is lower. Unpaid admin and gaps between jobs also reduce income, so be honest about weeks worked. Related tools: Freelancer Hourly Rate Calculator and Biweekly Pay Date Calculator.
Day rate to hourly calculator FAQ
How do I convert a day rate to an hourly rate?
Divide the day rate by the hours in the working day. A $400 day rate over 8 hours is $50 an hour.
How do I convert an hourly rate to a day rate?
Multiply the hourly rate by the hours in the day. $75 an hour over 8 hours is $600 a day.
How many hours should I use in a day?
Use the hours you really work for the client, including unpaid time you cannot avoid. Many people use 8.
How many working days are in a year?
It depends on holidays and time off. With 5 days a week for 48 weeks the calculator uses 240 days.
Is a day rate better than an hourly rate?
Neither is always better. A day rate suits a fixed day of work, and an hourly rate suits work that varies. Compare the effective hourly rate.
Are these amounts before tax?
Yes. Income tax, expenses and unpaid time are not included.