KW REAL ESTATE MEDIA Kennith Wheeler Photography

Rate Reality
Worksheet

One goal: understand what it costs you to operate before you quote a price to anyone. No right answers — only honest ones. Fill it in. The math will tell you something important.

1
Monthly Costs
2
Your Time
3
Take-Home
4
Your Rate
5
Reality Check
1

Your Real Monthly Costs

These exist whether you shoot one job this month or twenty. Estimate if you don't know exactly — round numbers are fine. Honesty matters more than precision.

Gear payments or replacement savings
Camera, lenses, drone, lighting — what you pay or set aside monthly
Software subscriptions
Adobe CC, Lightroom presets, Capture One, cloud storage, gallery delivery
Vehicle & fuel (business portion)
Estimate the percentage of your vehicle costs that are work-related
Insurance
Gear insurance + liability — you need both. Monthly equivalent.
Phone & internet (business portion)
Estimate what percentage serves your business
Website & marketing
Hosting, domain, portfolio platform, business cards, paid ads
Other regular business expenses
Studio rent, props, memberships, accounting software, education
Total Monthly Costs  (A)
$0
2

Your Time

How many hours per month can you realistically devote to photography? Include everything: shooting, editing, driving, client communication, and admin.

hrs total
hrs overhead
Billable Shoot Hours / Month  (B)
Available hours minus non-shooting overhead
0 hrs
3

What You Need to Take Home

What do you need to earn from photography each month to make it worth doing — or to eventually replace other income? Be realistic, not aspirational.

After this worksheet, this becomes your floor — not your ceiling.
The Calculation
(A + C) ÷ B = Your Minimum Hourly Rate
( $0 + $0 ) ÷ 0 hrs =
My Minimum Rate
Based on your costs, time, and income target
per hour
4

The Honest Reality Check

Compare your minimum rate to what the market actually pays. This is where the worksheet earns its keep.

Niche Entry-Level  (no portfolio) Experienced  (6+ mo. + proof)
Real estate (residential) $100 – $175 / shoot $200 – $400+ / shoot
Architecture / Interior $150 – $300 / session $500 – $1,500 / project
Food / Restaurant $100 – $250 / session $400 – $1,200 / session
Commercial / Industrial $200 – $400 / half day $800 – $2,500 / day
Corporate events $150 – $300 / event $800 – $2,500 / day
Portrait / Headshots $75 – $150 / session $250 – $800 / session
Aerial / Drone $125 – $250 / shoot $400 – $1,500 / project
Complete Parts 1 – 3 to see your verdict.
Once you enter your costs, time, and income target above, this section will tell you exactly where you stand — and what to do about it.