Gig Economy Earnings Calculator
Calculate your true net earnings from gig work like rideshare or delivery. Factor in platform fees, vehicle costs, gas, and self-employment taxes to see your real hourly rate.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Results
Monthly Net Earnings
$1,600.83
≈ 12 pairs of sneakers
Effective Hourly Rate
$14.79
≈ 3 cups of coffee
How to Use This Calculator
- Enter your gross monthly gig earnings before platform fees or expenses.
- Set the platform fee percentage charged by your gig app (typically 15–30%).
- Input vehicle costs per mile and monthly miles driven, plus current gas price for accurate deduction.
- Add your self-employment tax rate and hours worked per week to compute the effective hourly rate.
- Review Net Earnings and Effective Hourly Rate to understand your true take-home pay versus time invested.
How the result changes with Monthly Gross Earnings
| Monthly Gross Earnings | Monthly Net Earnings | Effective Hourly Rate |
|---|---|---|
| $2,000.00 | $965.58 | $8.92 |
| $7,000.00 | $4,141.83 | $38.26 |
| $13,000.00 | $7,953.33 | $73.47 |
| $18,000.00 | $11,129.58 | $102.81 |
What each input means
- Monthly Gross Earnings
- Total monthly earnings before any deductions.
- Platform Fee
- Percentage taken by the platform (Uber, DoorDash, etc.).
- Vehicle Cost Per Mile
- Maintenance and depreciation cost per mile driven.
- Miles Per Month
- Total miles driven for gig work each month.
- Gas Price Per Gallon
- Current price per gallon of gasoline.
- Self-Employment Tax Rate
- Combined self-employment tax rate (Social Security + Medicare).
- Hours Per Week
- Total hours spent on gig work each week, including wait time.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersMonthly Gross Earnings = 3000, Platform Fee = 25, Vehicle Cost Per Mile = 0.1, Miles Per Month = 1500 = 7 input(s) provided
- Calculate Monthly Net EarningsMonthly Net Earnings1600.83 = $1,600.83
- Calculate Effective Hourly RateEffective Hourly Rate14.79 = $14.79
- Calculate Platform FeesPlatform Fees750 = $750
- Calculate Vehicle CostsVehicle Costs360 = $360
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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