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What is the average project manager's hourly rate?

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I'm intending to go solo as a freelance project manager. I am paid just over $100k/year in my current job, which effectively makes my hourly rate around $55 (I was working 35 hours/week). But for a project management contractor, I'm sure that the hourly rate is much more. I'm thinking about charging my clients $150/hour. Is this reasonable? In any case, what is the average hourly rate for a project manager (both as a contractor and as full-time employee)?
asked 3 years ago by anonymous

3 Answers

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I'm getting about $90 to $100 an hour.
answered 3 years ago by anonymous edited 3 years ago by FastProjectManager
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I have been a Senior Level PM full time for over 5 years.  I decided to go freelance a year ago.   have dealt with a lot of companies looking for PM's and they are becoming cheaper by the day.  Right now they are offering 65 an hour tops.  I have not taken any of those contracts but at this point it may just be worth it to go back full-time.  My repeat clients are still paying decent rates but they are starting to gripe about it.
answered 3 years ago by anonymous edited 3 years ago by FastProjectManager
Can you tell us how much you're currently charging?
3 years ago by FastProjectManager (9,820 points)
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$150/hour is too much. I work as a PM consultant myself in California and I charge $100/hour, but then again, I always have work (I don't have periods where I don't have any contracts), so I make roughly around $180,000.

If you think you can get the $150, then go ahead and charge your clients $150, but again, I think it's too much. If you want more money then I suggest you start your own consultancy company and start "renting" project managers.
answered 3 years ago by anonymous

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