Audio Transcription Rates Guide

Audio Transcription Rates: What to Consider

audio transcription ratesFor those in the market to find the best transcription services, it is important that you consider various factors like quality, accuracy, rates and turnaround time. Do not immediately jump to the first affordable service you see as they are more likely to provide you with inconsistencies and poor quality results. If you want to get the best deals, you have to look through several transcription services online to ensure that you will get exactly what you need. Audio transcription rates will differ depending on these major factors:

  1. What type of transcription service you need
  2. When the transcription work should be completed
  3. Specific guidelines you need accomplished

Keep in mind that the audio transcription rates should not be the only factor that you should consider but you should also recognize the company’s commitment to confidentiality, excellence and customer satisfaction.

Sample Chart for Transcription Rates per Audio Minute

The most common pricing structure is transcription rates per audio minute. There is no fixed price in terms of transcribing audio especially that the rates will differ depending if your file is clear or has a difficult audio. The turnaround time is also a crucial factor that puts a huge gap between those who require their transcription project delivered within weeks or same day service. Here is a sample transcription rates per minute of audio:

Rates for Clear Audio Rates for Audio with Background Noise
Turnaround Time With 2 speakers With multiple speakers With 2 speakers With multiple speakers

3-4 weeks

$1.25 $1.50 $1.75 $2.00
1-2 weeks $1.35 $1.60 $1.85 $2.10
3-5 days $1.50 $1.75 $2.25 $2.50
1-2 days $2.25 $2.75 $3.00 $3.25
Next day $3.00 $3.50 $3.50 $4.00
Same day $3.50 $4.00 $4.00 $4.50

Transcription services online require extra cost for project with difficult audios. Difficult audios can mean from those with background noise, multiple speakers all at once, low speaking voices, inaudible parts, thick accents and those poorly recorded files.

Keep in mind that these transcription rates per minute of audio are just a ballpark. Chances are, your total rate will increase especially if you require specific formatting like adding verbatim (UHMS, AHMS, stutters, etc.), include time codes and even change the transcript into flawless grammar. You should be able to specify correctly the extra audio transcription services you need when you are asking for the total cost of your transcription project.

Get Best Offers for Transcription Rates per Minute of Audio

You can also try calculating your own audio file. For example, if you want to have 1-hour of audio file, it is similar to transcribing 5000 words of text. The task will require at least 10 times the duration of your audio file, that is if it has clear and single speaker. The total could be around $40-60 for an hour of transcription. The bottom line is that it is crucial that you calculate the audio transcription rates before you avail the service.

Do not worry if you have a huge transcription project and require the lowest rate. With the growing demand of effectively transcribing files and medical transcription rates, it is fairly easy to find cost effective audio transcription rates. The common flat rate per minute is around $0.75 and additional $0.50 per minute if you have a high difficulty level audio file. The best idea would be to discuss with the online transcription service before they start working on your project. Getting a full cost prior to hiring a service is crucial as you do not have to worry about hidden charges and additional fees.

Choose the most accurate audio transcription rates online that suits you best with the help of our pricing structure guide!

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