Pricing guide

Consultant Day Rate Guide

Updated 2026-06-21

How consultants can convert income goals into day rates, retainers, workshops, and implementation pricing.

Calculate your hourly rate

Start with a floor rate

A consultant should first calculate the minimum hourly rate needed to cover income goals, expenses, taxes, time off, and non-billable work. The floor rate is not always the quote; it is the line below which the work becomes unhealthy.

Costs to include

  • sales calls
  • research
  • workshop preparation
  • travel and follow-up

Package ideas

  • strategy workshop
  • implementation sprint
  • monthly advisory retainer

Pricing checklist

  • Define the deliverable, revision limit, and response time.
  • Charge more for rush work, unclear scope, or high coordination load.
  • Use a deposit or milestone billing when delivery risk is high.
  • Review the margin before accepting fixed-price work.

After calculating your floor rate, use the profit margin calculator to test whether a project quote still works after direct costs and payment fees.