BūvkalkulatoriFree construction calculators · MeistarPro
Guide (LV)
All calculators

Hourly rate calculator

Expert mode — consumption rates

📋 Materials

Net area: 0
Materials (excl. VAT)0 €
VAT 21%0 €
Total incl. VAT0 €

Prices are indicative LV retail averages (kursi.lv / Depo / Kruza / prof.lv). Enter your own — they're saved.

⚠️ Approximate estimate, based on average industry rates. Verify against the manufacturer datasheet.

How to work out your hourly rate

An hourly rate is not “what I’d like to earn” — it is maths: (all monthly costs + desired profit) divided by billable hours. Crucially, of ~168 working hours a month only 60–70% are usually billable — the rest goes to travel, estimates, negotiations and tool maintenance.

The calculator lets you enter fixed costs (transport, tools, insurance, taxes) and target income, and shows the minimum break-even rate and a recommended rate with profit. If the market rate is below your minimum, you are working at a loss — you just can’t see it yet.

Hourly rate starts with billable hours

Hours worked are not the same as hours invoiced. Travel, estimates, purchasing, discussions, tool maintenance and downtime reduce billable time. The calculator divides monthly costs and target profit only by realistically billable hours.

Include wages and employer costs, transport, premises, accounting, insurance, tool depreciation and a warranty reserve. The rate must also cover holidays and periods of incomplete utilisation.

  • Recalculate when team size or utilisation changes.
  • Price skilled labour, helpers and specialist equipment separately.
  • The minimum rate is not automatically the market price, but charging below it loses money.

Frequently asked questions

What are billable hours?

Hours that can realistically be invoiced to clients. Administration, travel and downtime are usually not fully billable.

Should VAT be included in the rate?

First calculate the required business rate excluding VAT, then present the customer price according to your VAT status.

How often should the rate be reviewed?

At least annually and whenever wages, taxes, fuel, premises or utilisation change materially.

MeistarPro products

📊
MeistarPro — construction CRMProjects, estimates, workers, GPS time tracking and invoices in one place.
🌐
SiteAI — website builderAI builds a website for your business in minutes. With a domain.

My estimate

Total0 €
Professional PDF estimate with labour →