Price Per Hour Calculator

Calculate Price Per Hour



Formula

The formula to calculate the price per hour is:

\[ \text{PPH} = \frac{\text{TP}}{\text{H}} \]

Where:

What is Price Per Hour?

Price per hour is a rate that indicates how much a certain amount of work or service costs for each hour of time spent. It is commonly used to bill clients for services rendered, to estimate costs for project-based work, or to understand the value of time spent on a task. This rate is crucial for freelancers, consultants, and businesses that provide services based on time spent.

Example Calculation

Let's consider an example:

Using the formula to calculate the price per hour:

\[ \text{PPH} = \frac{500}{20} = 25 \text{ dollars/hour} \]

This demonstrates that with a total price of $500 and 20 hours of work, the price per hour is $25. ✅