Hey there! In my experience (as a freelance developmental fiction editor with friends in the same profession), developmental is actually the cheapest option–I think you may have made a decimal point error 🙂 The going rate in my corner of the edit-verse is around $0.008/word, not $0.08, which means a 70,000-word edit will be $560 or so. It’s possible this is different across genres, though! Just wanted to drop a note so any aspiring budget-minded fiction writers out there can take heart .
About 25% of my (fiction) editing work is direct with authors, and the rest is split between two publishers. It my be of interest to note that these rates are close to what publishers pay their editors. That is to say, if you, as an author, were to traditionally publish your book, you would be paying this amount via royalties. Creating a professional product via self-publishing is not cheap, the costs (and income!) just shift from the publisher to the author.
It’s time to choose your children’s book editor! Go with your gut here. You have already learned how to find a qualified children’s book editor, and narrowed down your choices using the tips in this article. The last step is to choose the editor that seems to have the best grasp of your personal needs. At this point, feel confident in making choosing your editor. You’re ready to move onto the next step of realizing your dreams and finishing your children’s book.

Additionally, I think that many GREAT, very reputable editors absolutely will not complete a sample edit for free. They can point you to their work, their testimonials, and their references, though, free of charge. And if you’re curious why editors I know do not offer a free sample edit, check out this video to illustrate the point. https://youtu.be/essNmNOrQto
I am an author of a book “In From the Dark” that was written and published in 2010; I have two other books I need to complete however, I was wondering if my first book could be re-edited and if I could get assistance with the second one as well. I am not to happy with the editing assistance i’ve previously received yet, because I was new at the time, I didn’t know what to look for. Please someone help if you can. My book can be found at barnesandnoble.com. I have not done any marketing or anything with the book since 2011 and was hoping once the second one is complete I can then push the both again.

Hm, I’m a longtime freelance book editor and have a few thoughts to share. I think one page of editing is not enough to gauge much, and that you should be able to get a sample edit of 10 (double-spaced 12-point) pages from a potential editor. You’ll have a better idea after a complete chapter has been edited, and you should have a contract that allows either you or the editor to opt out cleanly at various stages. Another thought: sometimes authors don’t know what level of edit they need, and a good editor can assess this based on reading a few pages of your ms. and spot-checking the remainder. Also: a lot of book editors (like me) work primarily for publishers rather than for individuals. It’s just easier. I know I’ll get paid, I don’t need to educate publisher clients about the process itself, and they send me regular work, so we get to know each other’s needs and preferences. Lastly, I wouldn’t really expect a newcomer editor to be able to handle a booklength manuscript very well (I was that person once — eek). If it’s someone really new, they should have had good training somewhere imo. Book editing is a technical undertaking. It’s also about knowing what to leave alone. Inexperienced people often tamper with authors’ work unnecessarily. Anyhow, I’d be happy to answer any questions.
I want to thank the author of this article, the people responsible for this website, and the helpful comments I’ve read here, before discontinuing my watching of this thread. I have reached out to several developmental editors through emails and by posting my need for such an editor on the-efa.org. If anyone decides to go that route, the response has been tremendous. Be aware of their policy for posting jobs, though. They require aspiring authors to adhere to the ‘going rates’ shown here: http://the-efa.org/res/rates.php.
BookBaby’s Book Editing Services offer three different options for authors: Line Editing, Copy Editing, and Proofreading. These different levels of editing services cover everything from basic grammar and misspelling corrections to review of the story narrative, story development, characterization, and sentence structure. We offer options to ensure that each author is satisfied with their editing service.

Even if you wrote the book in your free time, this is my day job. The per-project cost many new authors would consider “manageable” would, if broken into an hourly rate, end up paying editors less than minimum wage. They don’t intend to pay what someone could earn making french fries; they just greatly underestimate how much time must be invested in editing.
2. Copyeditors aren’t the last line of defense when it comes to a book’s mistakes. Formatting, which is done after an editor has done their job, can lead to unintended errors being introduced into the text. That’s why it’s important to hire proofreaders to comb through edited text *after* the book has been formatted for print or digital. Proofreaders are your last line of defense—but they’re human too.