Set your hourly rate
Your hourly rate is the anchor. Use your take-home (after tax) if you can-it reflects the real value of each hour. If your income varies, pick a calm average for the month.
A quick way
- Monthly take-home ÷ average hours worked = hourly rate
- Or start with your known hourly pay and refine later
Example: £2,000 take-home ÷ 160 hours = £12.50/h.
Turn any price into hours
Divide the price by your hourly rate. The result tells you how long you'd work to pay for it.
Formula: hours = price ÷ hourly rate. Round to minutes for quick judgment.