20 Tweets 1 reads Feb 09, 2023
How much does SEO cost in 2023? ๐Ÿ’ฐ
In Nov 2022, we surveyed over 400 SEOs to find out how much they charge for their services (hourly, monthly retainer + per-project).
Check out the top 10 takeawaysโ€”plus a look at each pricing model in more detail. ๐Ÿ‘€
H/T: @JoshuaCHardwick
1. Hourly rates
34.8% of respondents price some or all of their work by the hour.
The most popular hourly rate for SEOs is $75-$100, at 24%.
Overall, 90% of SEOs charge $150/hour or less.
2. Hourly rates by region
Hereโ€™s a breakdown of hourly rates by region:
๐Ÿ“ India-based SEOs are an outlier.
85.7% of them charge $30/hour or lessโ€”while the remaining 14.3% command $51-$60/hour.
Sidenote: We didn't have much data for some regions, so take the above results with a pinch of salt. โ†‘
We also grouped Germany, France, Italy, Netherlands + Spain together since they're the only European countries (besides the UK) with a GDP of 1 trillion or more.
3. Hourly rates: Do SEO agencies charge more per hour than freelancers?
Yep.
58.7% and 58.8% of SEO agencies and consultants (respectively) command more than $75/hour, compared to only 36.6% of freelancers.
4. Hourly rates: Do SEO agencies charge more per hour than freelancers? (cont'd)
However, the most common hourly rate for SEO agencies and freelancers is the same: $75โ€“100/hour.
For SEO consultants, itโ€™s $100โ€“150/hour.
5. Hourly rates: Do experienced SEOs earn much more per hour?
Yep, they do.
Check out the average hourly rates based on years of experience:
2 years or less: $73.05
2-4 years: $97.11
5-10 years: $102.03
10+ years: $118.35
6. Hourly rates: Do those offering services worldwide charge more per hour than those serving local markets?
Yes, slightly.
Those offering their services locally earn $93.89/hour.
Meanwhile, those serving the worldwide market earn $106.69/hour.
Thatโ€™s a difference of 13.6%.
7. Monthly retainer rates
78.2% of respondents charge a monthly retainer for some or all of their work.
Of these, the most popular rate for SEOs is $501โ€“$1,000/month (20.4%).
68.8% of SEOs also charge $2000/month or less.
This means only 31.2% get retainers of $2,001+.
8. Monthly retainer rates by region
๐Ÿ“Again, India is a clear outlier.
76% of India-based SEOs charge $1,000 or less per month.
The remaining 24% charge between $2,001-$10,000.
It's a different story for the US + Canada, where some SEOs command $25,001โ€“$50,000/month. ๐Ÿคฏ
9. Monthly rates: Do SEO agencies charge more per month than freelancers?
Yep. 57.4% of SEO agencies command $1,001+/month, vs 32.2% of freelancers.
Most common monthly retainer ranges:
SEO agencies: $500โ€“$1,000
Consultants: $2,501โ€“$5,000
Freelancers: $251โ€“$500 and $101โ€“$500
10. Monthly rates: Do experienced SEOs charge more per month?
Yes. Avg retainer rates by years of experience:
2 years or less: $1,540.52
2+ years: $2,023.13
5-10 years: $3,648.28
Things level off after the 10-year mark. This could be due to our limited data for this subset.
11. Monthly rates: Do those offering services worldwide charge more than those serving local markets?
Yesโ€”123.1% more!
Those offering their services locally charge $1,557.08/month, on average.
Comparably, those serving the worldwide market earn $3,473.74/month.
12. Per-project rates
48.9% of respondents charge a per-project fee for some or all of their work...
...with the most popular fee being $2,501โ€“$5,000 (21.2%).
Overall, 49.4% of respondents command per-project fees of $2,001+.
13. Per-project rates by region
Once again, India's the outlier.
93.75% of India-based SEOs charge $1,500 or less.
The remaining 6.25% charge between $2,001-$2,500.
Looking at the US + Canada in isolation, 83.3% charge at least $1,001.
14. Per-project rates: Do SEO agencies charge more than freelancers?
Yep. 73.3% of SEO agencies charge $1,001+ per project vs. 64% of consultants and 40.68% of freelancers.
15. Per-project rates: Do SEO agencies charge more than freelancers? (cont'd)
Overall, the most common per-project fees are:
Freelancers: $101-$250
SEO agencies: $2,501โ€“$5,000
Consultants: $5,001โ€“$10,000
16. Per-project rates: Do experienced SEOs charge more per project?
Yes.
Check out the average per-project fees by years of experience:
2 years or less: $1,881.73
2+ years: $2,242.71
5-10 years: $9,087.31
17. Per-project rates: Do those offering services worldwide charge more than those serving local markets?
Yesโ€”40.8% more. ๐Ÿ˜ฎ
Those offering their services locally charge $5,723.53 per project.
Comparably, those serving the worldwide market charge $8,056.56 per project.
That wraps things up.
We hope our data study can guide SEOs to stop undercharging for their services.
SEO is a valuable skillโ€”so don't be afraid to charge what you're worth. ๐ŸŒŸ

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