Calculating a cost per hour rate can be a great tool. It can be used to find out how much a service costs. You can also calculate a cost per hour rate for your own work. This will let you know how much you make per hour. An efficient way to calculate a cost per hour rate is to use a simple calculator.

- Skill level:
- Moderately Easy

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### Things you need

- Calculator
- Database Spreadsheet

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## Instructions

- 1
Count the total number of hours of a project.

- 2
Calculate the total cost of the project.

- 3
Divide the total cost by the total number of hours. This calculates the cost per hour rate.

- 4
Input the cost of the hourly rate into a database spreadsheet. Logging the cost per hour rate can be useful to compare the cost of services from different companies.

## Calculate a cost per hour rate

#### Tips and warnings

- A free database spreadsheet program is offered by Open Office.