I work at a fixed rate of $45 per hour for all clients. This helps me ensure transparency of pricing. I dislike 'package' costs since they don't tend to take into account the client's individual needs, which could result in them paying more than is needed. Here's a typical example of a price for a 3-minute pop song:
Activities:
• Map out song in Logic Pro, transcribe melody, chords and lyrics (1 hour)
• Arrange and perform 8-10 instruments, including: piano, guitar (x2), bass, drums, strings (x4)
• Record a guide vocal (1 hour)
• Create mixes, export stems (1 hour)
Total: 7 hours x $44 per hour = £308