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To use parametric estimating, first divide a project into units of work. Then, you must determine the cost per unit, and then multiply the number of units by the cost per unit to estimate the total cost.
If you are finding your clients through some of the established freelance markets like Upwork, you will notice that more designers have an hourly rate quote. Some designers charge as little as fifteen dollars an hour and others charge hundreds. The average is around USD forty-five dollars an hour for graphic designers.
A common approach to figuring out an hourly rate is to divide the salary you want by the number of hours worked each year: 40 hours/week × 52 weeks/year = 2,080 hours. $100,000 desired salary ÷ 2,080 hours = roughly $50 per hour.
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