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Ask HN: How to Set Consulting Rate?

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By rate I think you mean $/day or $/hour. There is a more lucrative approach:

Charge for the value you deliver not the time it takes. E.g. you increased the client's sales by $500,000 for a net profit of $100,000 - charge $20,000. You saved the client $150,000 by doing something differently - charge $30,000.

When you consistently deliver measurable value to clients, you won't be staying in a full-time job for long. Consulting will be far more fun.

Value pricing is just entrepreneurial fan fiction unless you happen to be in a niche where that is possible.

Run-of-the-mill dev work is not it.

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