Translation Rates & Prices

Translation Rates & Prices –
How Much Does a
Translation Cost?
RUSSIANTRANSLATOR.PRO: FAST, AFFORDABLE AND QUALITY ENGLISH-RUSSIAN TRANSLATIONS. EMAIL: SIMON@RUSSIANTRANSLATOR.PRO

Translation Rates & Prices
The translation market is very complex and inhomogeneous.
There are many factors that can influence the translation rates
and prices — from the country of location and language
combination to subject field and scope of work.
Therefore, in this presentation you will find a comprehensive
information about translation rates and prices that will help
you to get the best translation at the best price.

What influences the
translation rate?

What influences the translation rate?
Language combination
Delivery date
Subject field
Total volume
Target audience
File format

Language combination
Usually, high demand (popular language
combination) and high supply (a large
number of translators) means lower
translation rates, while high demand and
low supply mean higher translation
rates.
But since there are many other factors in
the translation industry that may cause
price fluctuations, this law cannot be
applied to the translation market in
every possible case.
Delivery date
Urgency is an obvious price formation
factor. The sooner you need translation
to be done, the higher will be the price.
However, if you hire a translation agency
or a team of freelancers for a large and
urgent project, the agency or team may
not apply the extra charge if it is possible
to distribute a translation between
several translators (of course provided
that such distribution is reasonable and
time frames are realistic).

Subject field
Translation of technical or legal texts
(design documentation or international
treaty) is not the same as translation of
the text for a travel blog. Translation of
industry-specific texts requires special
skills and knowledge, therefore you
should take into account that translation
of general subject text will cost less than
a translation of industry-specific texts,
like legal, medical, technical and others.
Total volume
Some agencies apply discounts for large
volumes and ongoing translation
projects. If you have a large translation
project (usually more than 100 pages)
you may get a volume discount from
your service provider. However, you
should take into account that not all
freelance translators offer this type of
discounts.

Target audience
If you need a translation of in-house
documents or correspondence that do
not require top level of accuracy,
translation rate for such tasks can be
lower than usually, but if you need to
translate a scientific article for
publication in a foreign scientific
magazine, translation rates will be
higher than in the previous case as
this type of translation requires
additional quality control, adaptation
to the need of a specific audience,
review of style, terminology and tone
of voice, etc.
File format
Most of us use MS word, Excel of PowerPoint
for everyday needs. However, there are many
other file formats used in various industries.
For instance, engineers use AutoCAD
software to prepare drawings, designers use
CorelDraw, Photoshop, and other tools to
develop their concepts.
These software tools save documents in
different file formats, therefore you should
find a translator who is familiar with that
software and can work with certain formats.
In some cases, this may cause additional
charges.

$0.10per word
Average per word rate for translation services in my language
combination (English-Russian translation) based on the data
retrieved from 7604 translators, is
The absolute minimum rate linguists reported to accept under
special circumstance equals to $0.07.
How much is enough?

Everything below this rate most probably
means that you’ll get a translation only
(without proofreading, editing, and other
quality control features) at the best, or a
translation done by an inexperienced
translator at the worst.
Of course, these rates will vary depending
on the above-mentioned factors. Moreover,
actual translation rates charged by
translation companies will be higher than
rates charged by freelance translators
since companies usually have larger
overheads because of the tax regime,
especially in European countries and the
US, as well as office rental and salaries for
top managers.
$0.10per word
How much is enough?

Conclusion
Now you can consider your translation project taking into account all major factors that
have an influence on translation rates. In addition, you will be able to understand if the
company offers undercut, fair or excessive translation prices.
If you need a professional English-Russian translation
for your document, website or application, you can
drop me a message and ask for a free quote:
Email: simon@russiantranslator.pro
Web: http:russiantranslator.pro
Tel.: +996 773 91 52 69.

Translation Rates & Prices

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