Per Day Rate Calculator
Calculate your daily earnings, costs, or project rates instantly.
Monthly
Yearly
Custom Days
Standard month: 30 days | Standard year: 365 days | Working days: 20-22 per month.
Calculated Daily Rate
What is a Per Day Rate?
A per day rate (often called a "diem" or "day rate") is the amount of money earned or charged for a single day of work or service. Whether you are a freelancer setting your fees, an employee calculating your daily salary, or a business owner managing subscription costs, understanding the daily rate is crucial for budgeting and financial planning.
How to Calculate Daily Rate Manually
The formula for calculating a daily rate is straightforward:
Daily Rate = Total Amount รท Total Number of Days
Common Use Cases
- Freelancing: Translating a monthly retainer into a daily rate to determine if a project is profitable.
- Employment: Determining how much a single day's pay is worth for leave adjustments or overtime.
- Rent & Utilities: Calculating prorated costs when moving in or out mid-month.
- Travel: Managing travel stipends or per diem allowances.
Calculation Examples
| Scenario | Calculation | Result |
|---|---|---|
| $4,000 Monthly Salary (Calendar) | $4,000 / 30 | $133.33/day |
| $4,000 Monthly Salary (Working Days) | $4,000 / 22 | $181.82/day |
| $65,000 Annual Salary | $65,000 / 365 | $178.08/day |