Gig Economy Index

Lyft drivers earn the second highest hourly rate, earning an average of $33 per hour and a median monthly income of $5,688. However, this can vary depending on how many lifts you take and whether you work during rush hour.

With a 28% market share, Lyft is the second-largest ridesharing company in the US, after Uber.

Fitness coaches earn an average hourly rate of $20 and a median monthly income of $200, however, this can increase up to $3,000, depending on the number of hours worked and the number of clients.

Many fitness coaches grow their businesses by utilizing social media apps, such as Instagram and TikTok, while generating additional revenue with health and wellness affiliate programs and influencer partnerships.

Freelance workers also earn an average hourly rate of $20 and a monthly income of up to $4,000.

Forrest McCall, a freelance marketer and blogger for Don’t Work Another Day, from Louisville, Kentucky, has worked in the gig economy for a total of three years. After resigning from his full-time job, Forrest is now able to work fewer hours for a similar amount of money.

“For me, it was all about flexibility. I originally took on many freelance gigs in addition to my full-time employment, but quickly realised it was too much. Eventually, my freelance work became the majority of my income, and that’s when I decided to go full-time in the gig economy.”

“The main positive is the freedom that you gain. Being able to work as much or as little as I’d like is a massive benefit to me. I enjoy spending the day how I please and avoiding unnecessary meetings and conversations. I’ve found that I enjoy working at my own pace, instead of having daily objectives.”

“The main negative is the unknown when it comes to freelancing. Because you can never be sure that more work will come your way, this can lead to more financial stress than a traditional job.”

“I don’t think I will return to a traditional form of employment, unless the circumstances are right. Sitting in an office all day for 40 hours each week sounds miserable and the lack of freedom would be crushing.”

San Francisco, California offers the second highest annual income to Uber and Lyft drivers, with them earning over $47,100 a year, on average.

Drivers within this city earn an average hourly rate of $23 and a median monthly income of $3,925.

New York is the city offering the third highest annual income to Uber and Lyft drivers.

Drivers within this city earn an average hourly rate of $22 and a median monthly income of $3,775. This amounts to a median annual income of over $45,300.

For cleaning tasks, the rate varies massively from just $22, all the way up to $62.

You can earn the lowest rate of $22 in New Orleans and Norfolk, and the highest rate of $62, again, in the San Francisco Bay Area.

You can also get paid to help people move home, with rates varying from $28 to $63.

In Oklahoma City, you can earn the lowest rate of $28 and in Los Angeles and Orange County, you can earn the highest rate of $63.

For minor home repairs, you can earn an hourly rate of between $30 and $69.

Nashville offers the lowest hourly rate of $30 and, for the third time, San Francisco Bay Area offers the highest hourly rate of $69.

For snow removal, you can get paid anywhere between $17 and $48.

Due to the lack of snowfall, you can earn the lowest rate of $17 in Los Angeles and Orange County. You can earn the highest rate of $48 per hour in Boston.

For assembling flat-pack furniture, the rate varies from just £11 to £28.

You can earn the lowest rate of £11 in cities such as Carlisle, Lincoln and Perth, and the highest rate of £28, again, in London. You can earn the second highest rate of £22 in Edinburgh, Exeter and Reading.

You can also get paid to assist with garden work, with rates varying from just £10 to £24.

In cities such as Cambridge, Inverness and Shrewsbury, you can earn the lowest rate of £10 and, for the third time, you can earn the highest rate of £24 in London. In Manchester, you can earn the second highest rate of £20.

For minor home repairs, you can earn an hourly rate of between £14 and £39.

Chelmsford, Maidstone and York offer the lowest hourly rate of £14 and as expected, London offers the highest hourly rate of £39. Manchester, again, offers the second highest rate of £24.

For providing plumbing help, you can get paid anywhere between £22 and £48.

You can earn the lowest rate of £22 in locations such as Aberdeen, Llandudno and Truro and the highest rate of £48, of course, in London. You can earn the second highest rate of £27 in Birmingham.

Australia has the second highest average annual host earnings, with $27,988 per year.

There are approximately 100,000 Airbnb listings in Australia, with Melbourne, Surfers Paradise and Point Nepean having the most listings.

The third highest average annual host earnings is generated in the United Kingdom, with $22,196 per year.

In 2021, there were over 560,000 Airbnb listings in the United Kingdom, with some of the most popular locations being Brighton, Bath and London.

Tennessee has the second highest average annual host earnings, with $67,510 per year.

There is a range of amazing Airbnb listings in Tennessee, including a lakefront mansion in Gallatin, a luxury tiny house in Franklin and a rustic log cabin in Pigeon Forge.

The third highest average annual host earnings are generated in Arizona, with $60,448 per year.

There are a variety of beautiful Airbnb rentals in Arizona, including a mostly underground home in Cave Creek, a forest mountain retreat in Walker and a geodesic dome house in West Sedona.

Austin, Texas has the second highest average annual host earnings, with $72,241 per year.

There is a range of amazing Airbnbs in Austin, including a signature cottage in East Austin, a remodelled trailer in Ford Oaks and a quirky townhouse in Zilker.

The third highest average annual host earnings are generated in Kissimmee, Florida, with $70,539 per year.

There is a variety of beautiful Airbnb retreats in Kissimmee, including an apartment with access to a hot tub, lazy river and games room, a Disney-themed townhouse with access to water slides and a stylish bungalow close to the lakefront.

Bath, Somerset has the second highest average annual host earnings, with $36,342 per year.

There is a variety of beautiful Airbnb properties in Bath, including a Georgian apartment, a contemporary newly built cottage and a cosy annexe.

The third highest average annual host earnings are generated in Brighton, East Sussex, with $26,373 per year.

There are plenty of amazing Airbnb listings in Brighton, including a modern warehouse apartment, a sunny garden flat and a cosy unique cottage.

Les Laurentides, Quebec has the second highest average annual host earnings, with $35,770 per year.

There is a range of stunning Airbnb properties in Les Laurentides, including a Swiss chalet, a cosy cabin and a docked boathouse.

The third highest average annual host earnings are generated in Kelowna, British Columbia, with $20,266 per year.

There is a variety of amazing Airbnb listings in Kelowna, including a self-contained studio near Lake Okanagan, a garden suite in Lower Mission and a mountain view guesthouse.

Byron Bay, New South Wales has the second highest average annual host earnings, with $55,368 per year.

There is a range of stunning Airbnb properties in Byron Bay, including a modern treehouse with ocean views, a stunning villa with a swimming pool and a spacious bungalow.

The third highest average annual host earnings are generated in Surfers Paradise, Gold Coast, with $47,666 per year.

There are plenty of beautiful Airbnb listings in Surfers Paradise, including a vibrant house in Broadbeach, a central studio with ocean views and a recently renovated waterfront home.