Money Talk: Cost of Translation Services

 what is the cost of translation services? Language Direct provides all types of translation and interpreting services in London at reasonable costs.

 

cost of translation services

Every consumer wants to know the price of the goods or services they are purchasing before actually making the purchase.

This is why we provide you with a accurate quote.

 

Read on to find out more about how language companies charge the cost of translation services.

 

According to ProZ.com, the average translation cost per word is $0.11/word, and $38.04/hour for those companies that charge per hour. Of the 10 most spoken languages worldwide, excluding English, the average costs are as follows when translating from English:

  • Chinese – $0.11/word or $36.36.31/hour
  • Spanish – $0.11/word or $35.11/hour
  • Arabic – $0.11/word or $34.83/hour
  • Hindi – $0.10/word or $33.06/hour
  • Portuguese – $0.11/word or $36.62/hour
  • Bengali – $0.10/word or $32.28/hour
  • Russian – $0.10/word or $36.46/hour
  • Japanese – $0.13/word or $35.99/hour
  • German – $0.12/word or $36.59/hour
  • French – $0.12/word or $37.27/hour

 

Most translators and translation agencies charge per word. However, there are translators who use the target words, or the translated document in the target language, to compute the rate. This can increase or decrease the cost of translation services. For example, when translating from English to Spanish, the translated document may be higher in word count by 20% – 25% compared to the source document.

In addition, some companies also charge a minimum charge as a base fee, and on top will charge a per word fee. Some documents, such as legal or medical documents, may be charged with a higher fee because of the complexity of the documents and the expertise needed by the translator.

While freelance translators typically charge less, translation agencies may charge slightly higher fees because they build on training, accreditation and certification of their pool of translators. While you will find lower prices for translation jobs in the market, it is important to remember that you are paying the translator for their time. Cheaper fees also mean the translator will not spend as much time on the project. Quality translation requires time.

Language Direct however, can explain to you how much the cost of translation services is for your project; call us today and we can give you an estimate for any language service you need in London.

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