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Hourly rates in the field of artificial intelligence

08/31/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Artificial intelligence (AI) hourly rates can vary widely depending on experience, area of expertise, industry, location and type of service. AI encompasses a wide range of applications, including machine learning, deep learning, natural language processing, computer vision and more. Here are rough benchmarks for hourly rates in AI in different regions:

Europe:

Entry or junior AI specialist: €40 - €80 per hour

Experienced AI specialist: 80 € - 150 € per hour

Senior AI specialist or subject matter expert: 150 € and more per hour

USA:

Entry or junior AI specialist: $60 - $120 per hour

Experienced AI Specialist: $120 - $250 per hour

Senior AI specialist or subject matter expert: $250 and up per hour

These estimates are general and may vary depending on the area of expertise (e.g., machine learning, data science, computer vision), the reputation of the AI expert, and the type of service.

Since AI is a high-demand field, AI specialists should consider their own experience and expertise, as well as the value they can add to clients, when setting prices. Exact hourly rates may also depend on the complexity of projects and specific service offerings. It is advisable to research current market data and pricing in your region and industry to determine competitive hourly rates.

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