This is the first and most frequently asked question. So let us get typist rates out of the way first! The average per minute rate for transcribing is$1.23/minute of recording, with the highest rate at $3.03/minute and the lowest at $0.71/minute (actual figures from May 2022). The reason one rate might be high and another low depends on how much the client was charged, which flows onto the rates to the contractor, with fast turnaround and more time-consuming projects getting higher rates and slower turnarounds and more straightforward projects getting lower rates. You will end up doing a range of rates and projects, so focus on the average rate as the best indication. We are commonly seen as paying the highest or near the highest rates in the US. The bottom line is that we are not here to take advantage of anyone or short-change transcriptionists. This is a long-term business relationship we are forming. We pay well. We pay fairly.