Ultimate guide for freelance translator (day4)

How much should you charge for your freelance job?

You can generally expect to earn between 0.05 USD to 0.1 USD per word for translation. Meanwhile, please remember to set a minimum fee that is reasonable. This range is around 19 USD to 38 USD.

There are several ways to decide how much to charge.

First of all, figure out what the minimum you can afford to charge is. Remember this is not how much you should charge. At the beginning, especially if you are a freelancer, you may need to charge less until you’ve gained enough freelance work. Nevertheless it’s good to know the minimum you can sustain.

In order to calculate your minimum rate, fill in your business costs and your living expenses. Add the amount of hours you can spend on freelance translation.This would help count the number of words you should translate in order to cover your basic expenses and how much you can charge per word to achieve this.

It is not an exact science, but at least it will give you an idea of the effort involved to reach your expected income level.