Life Coach Pricing Guide
A life coach costs between $75 and $200 per hour. Novice life coaches charge less than $75 per hour, while more experienced coaches charge over $200 per hour. You can support dozens of clients without encroaching on private sessions or business time.
Determining Your Rate
- How much money do you want to make each year from coaching?
- How many clients do you have or expect in the next 3 months?
- How much will you spend on your coaching business?
- What is the minimum fee to cover expenses?
Online life coaches typically charge $50 to $100 per session, often requiring a minimum of 3 to 6 sessions. They can start with a few sessions and adjust the frequency or duration as needed.
Life Coaching Industry Overview
The life coaching industry is projected to grow by 6.7% in 2022, reaching $1.34 billion. Many life coaches lack earnings data relative to peers, and tracking trends while managing a practice can be challenging.
Pricing Structure
Coaching costs vary based on session duration and number, with most charging $250 to $750 per hour. Monthly packages can determine fees, with discounts offered for annual and monthly commitments.
Conclusion: Finding the Right Price
Pricing as a life coach requires considering value, market research, and a value-based approach. Reflect your expertise and unique value to attract clients willing to invest in their growth, finding a balance between your worth as a coach and the affordability for your audience.