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This very much depends on the consulting services performed.

That said, in the technology sector you can encounter a range of $120 to $700 per hour.

In some other sectors, such as financial services, a team of 5 might cost you as much as $50,000 a week.

A good rule of thumb is to calculate how much an employee at the client's organization gets paid for the required position, calculate the hourly rate and multiply that by 3.

For instance, if the client's employee is paid $80,000 base compensation + $15,000 benefits per year, then $80K + $15K = $95K / 40hrs/wk / 48wks/yr = ~$50/hr.

The consultant fee in this example would be $50/hr * 3 = $150/hr.

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Q: How much do business consultants charge per hour?
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