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.
Most editors in my genre charge from 002 to 007 per word. That’s for developmental and FLE, (Final line edit) – three rounds in all. The 10,000 fee you mention here would put off anybody from ever hiring an editor. I know few writers who could pay that, which is why Amazon is flooded with poorly written and badly edited books. I would encourage writers to contact other authors in their genre for tips on editors and to cultivate good beta readers.
Some authors budget very unrealistically, perhaps just a couple hundred dollars. (I’m not saying this is necessarily true in your case, but I have encountered it.) In such cases, I find myself wondering whom they are imagining should bridge the gap between what they are comfortable paying and what the editor needs to earn in order to pay expenses and support him- or herself.
If you’re a first-time author and have never hired an editor before, I would not recommend hiring an editor without first getting a sample edit. An editor can have a great resume and speak eloquently on the phone, but the real test of their skills is how they edit your book, and the sample edit is a quick, free way to find out. It’s standard for a freelance editor to offer a free sample edit unless they are exceptionally well-known.
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Anyone wishing to pay someone 500 bucks to read their book just so they can be given a short and unhelpful overview is arguably getting what they paid for. Naturally, self publishers and the like can’t really justify the amount they’d have to spend on a real editor of story structure, but it still baffles me that these so called developmental editors exist. That is, unless they have a follow up service after the fact that is actually worth it.
For editors who are charging pennies for what should be hours and hours and hours worth of work: I am saddened that you would ruin the market for those who have the expertise and ability to charge what it’s worth. You see, an author whose book needs a whole lot of help will see your rock-bottom prices and think that’s the norm. But the reality? That’s not normal. It’s not normal to charge sweat shop rates for something that requires top-notch quality.
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 .
From your comment, you may be in search of a manuscript critique, where you pay a professional to essentially conduct a beta read with the added benefit of their experience and knowledge about the craft. Then they’ll give you a few pages’ worth of considerations. When I don’t have the time for such critiques (and I only critique nonfiction), I refer my clients to andilit.com.

Blake, that’s wonderful info. Thank you. I completely understand the response about guaranteeing the work. That was just something that popped in my head as I read a book written by a screenplay consultant I hired years ago and he wanted a review so I read it to help him out but found maybe 5 or 6 error’s myself in the 200 page book. I felt like it was unprofessional but didn’t have the heart to tell him. But the errors stuck out like a sore thumb so I was curious if that is normal or not.
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