We’re commonly asked about industry standard editing and proofreading rates. The answer is that rates can very widely and there is no standardization (until EditorNinja came along that is!).
That said, the EFA put together a survey in 2020 with average and ranges of rates across various types of editing include copy editing and proofreading.
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Copy editing rates
|Copyediting||Median Rate Per Hour||Median Rate Per Word||Median Pace Of Work|
|Copyediting, fiction||$36-40/hr||$.02-.029/wd||7-10 pages/hr|
|Copyediting, nonfiction||$41–$45/hr||$.03–$.039/wd||4–6 pages/hr|
|Copyediting, business/sales||$46–$50/hr||$.04–$.049/wd||4–6 pages/hr|
|Copyediting, medical/STEM||$46–$50/hr||$.04–$.049/wd||4–6 pages/hr|
|Proofreading||Median Rate Per Hour||Median Rate Per Word||Median Pace of Work**|
|Proofreading, fiction||$31–$35/hr||$.02–$.029/wd||11–15 pages/hr|
|Proofreading, nonfiction||$36–$40/hr||$.02–$.029/wd||7–10 pages/hr|
|Proofreading, business/sales||$41–$45/hr||$.04–$.049/wd||7–10 pages/hr|
|Proofreading, medical/STEM||$41–$45/hr||$.03–$.039/wd||4–6 pages/hr|
How much does it cost to edit 1,000 words?
With a median per-hour rate of $35 per hour, and the average editor copy editing and proofreading 2,000 words per hour, it costs about $17 to have 1,000 words edited and proofread. This is industry average of course, with more senior editors (who can edit faster) charging more and less experienced editors taking longer, and so costs may vary by a few dollars per hour on either end.
For the purposes of the EFA survey and this chart, a page was defined as 250 words, the industry standard for a manuscript page.