The hourly rate range reflected in this tool is based on the amounts most freelancers with this skill might earn in the 25th to 75th percentile. This tool also reflects expected rates in the top 10% and bottom 10% as starting and ending values. Several factors can influence your expected rate, including location, experience and competency in the particular skill, track record of success, and complimentary soft skills such as clear communication and leadership ability.
The calculator sources information from our large database of vetted freelancers. Data is regularly updated and excludes hourly rates that deviate substantially from the norm.
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Artificial Intelligence is an area of computer science that emphasizes the creation of intelligent machines that function and react like humans, correctly interpreting external data and learning from this data to achieve a specific goal through adaptation. Artificial Intelligence has many applications, from computing and speech recognition, to bio-informatics and robotics. Popular examples of AI applications include autonomous vehicles (drones and self-driving cars), medical diagnosis, art creation, proving mathematical theorems, playing games (such as Chess or Go), search engines, voice assistants, image recognition, spam filtering, and targeted online advertisements. In the modern computing era, AI techniques have experienced a resurgence following advances in computer power, large amounts of data, and theoretical understanding, and have become an essential part of the tech industry. Artificial intelligence developers often hold advanced degrees in the field of AI or mathematics, and are responsible for creating predictive models and building algorithms to automate or produce a desired outcome for a business.
Freelancers around the world who are skilled in AI and are within the interquartile range (25th-75th percentile) can make a salary of $83,200 per year, or an hourly wage of $40. While the freelance AI developer hourly rate can vary based on where they live, remote AI developers can also command different AI contractor rates based on their years or quality of experience.
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Toptal is the largest fully remote network of high-skilled freelancers in the world. We created this tool using our large, comprehensive database of vetted freelancers. Data is regularly updated and excludes hourly rates that fall in the 1-10th percentile and in the 90-100th percentile to remove outliers.
The Freelance Calculator empowers you to see how much you could earn as a freelancer, including what your hourly rate would need to be to match your current or desired salary based on the number of hours you work per week.
Calculations of weekly, monthly, and yearly salaries are determined by a one week unit of measure: hours per week multiplied by hourly rate. By default, values are 40 hours per week and the 25th percentile hourly rate. Monthly salaries are calculated as the summation of 4 weekly salaries, and yearly salaries are calculated as the summation of 52 weekly salaries.
Thinking about making the jump into freelance work? Or already freelancing and interested in discovering best practices? This guide is for you.View guide