Note: On the spreadsheet, the editor’s total cost will be automatically calculated once you insert your total word count and the editor’s per-word rate. If you’re given a per-page rate, you can calculate a per-word rate by assuming the industry standard of 250 words per page, e.g., $3 per page equals $3 per 250 words. Dividing 3 by 250 equals $.012.
It’s best, if you decide to hire a freelancer, to figure out what the going rate is for the service you need, and expect to pay that amount. Otherwise it may turn out to be a waste of money, because the quality of the service will suffer. Sometimes there are payment plans to help with high costs! But it’s really a good investment to pay industry standard for editorial services; I agree with Shayla.
There are a lot of editors out there with no actual editing experience working with a publishing company, newspaper, journal, or other business that requires a high level of expertise and provides training for editors. Without working in such a position, it’s very difficult to obtain and master the skills required to become a great book editor. It’s not impossible, but it is unlikely.
I held the role of blogger and web content writer for a multimedia entertainment company before transitioning to freelance work. I have assisted many clients on projects ranging from product descriptions, to blog articles, to content editing. My areas of expertise are in science, fashion, travel, and yoga. I have also edited over 50 eBooks and can provide professional book descriptions.
I would add the suggestion to be prepared for the editor to request a look at the manuscript (not just a short sample) to prepare an accurate estimate. This has been my practice for some time, and it allows me to provide a flat fee for the entire project. This makes budgeting much less complicated for the author, although of course I am willing to bill by the hour if preferred.
I was recently directed to your excellent article from almost a year ago by a colleague at SouthWest Writers in Albuquerque, New Mexico. As a freelance literary editor of memoir, poetry, and novels, I offer authors guidance and support similar what you describe, but of course I cannot handle editing every genre. I was gratified to know that I’m doing the right thing by sticking to my specialties. By coincidence, someone who reached out to me last week on LinkedIn was looking for a children’s book editor and one of your readers in this conversation recommended one. That reminds me… Read more »
Inspect the spine of the book and look for a smaller name under the author. Turn the book over and look at the spine—the thin side of the book where the pages are bound to the cover. If there are multiple names on the spine of the book, they are always ordered with the author’s name first, and the editor’s name after it. On most books, the editor’s name will be smaller so that a passerby can quickly tell who the author is.[5]
With years of industry experience and an extensive writing backing, stemming from dual Bachelors' degrees in English and Communications, I have the skills needed to provide clients with quality and insightful work. The majority of my work centers around creating clear, clean and concise online content. I can breathe new life into your website, or develop stand-out content for your marketing efforts. 

If you instead decide that self-publication really is the right option for you and your book, this means that you have chosen to serve as both the author and the publisher. That means that you will have to (A) perform yourself, (B) find friends who will perform for free, or (C) hire professionals to perform all the tasks of a traditional publisher, from editing to marketing to distribution, all on top of performing the tasks of the author.
Run, do not walk to Ebook Launch to publish your ebook. My co-author and I wrote a book and were looking to amend the file because there were some formatting issues. Not only was the cost to re-format the book super reasonable, the customer service was absolute perfection. Adrian worked patiently with me through a few revisions and through constant communication we arrived at a beautiful end product. I highly recommend this team. They are the ultimate professionals and will deliver a product more amazing than anything you could have dreamed of. Thank you for such excellent service. I will tell everyone I know who wants to publish an ebook to use your service.
CreateSpace offers a full array of self-publishing services, including book design, editing and marketing, to assist you through every step of the publishing process. Whether you are still refining your book's content, ready to turn your finished manuscript into a  beautifully designed book, or looking for new ways to energize your book  marketing efforts, CreateSpace services can help you meet your goals.
Attention to detail is a critical skill for editors. So how do you screen out editors who might not wield a virtual red pen with the chops to catch every typo, grammar problem, style issue, and the like? You could post a job ad for an editor and subtly screen out applicants that aren’t as detail-oriented by including some fine print in the description.
There are a lot of editors out there with no actual editing experience working with a publishing company, newspaper, journal, or other business that requires a high level of expertise and provides training for editors. Without working in such a position, it’s very difficult to obtain and master the skills required to become a great book editor. It’s not impossible, but it is unlikely.
Stephen, I’m not sure what you mean by “time wasted matching a style guide.” Any professional editor of trade books knows the Chicago Manual of Style well and as a matter of course automatically makes changes that are in line with it. What you said is akin to “They waste time correcting spelling errors.” They’re not wasting any time; they’re doing their job and it’s a basic and automatic part of that job.
I’d add that for UK writers, the Society for Editors and Proofreaders (SfEP) Directory is the best place to search for editorial professionals. Each editor has been vetted for professional competence through the Society (you have to be assessed to become a Professional Member or Advanced Professional Member), so it’s a pretty trustworthy source: http://www.sfep.org.uk/directory/directory.asp

It can take some time to find the right editor, so you may want to start asking around even before you have a text that is ready to send. If you know a fellow author who can recommend someone, that’s wonderful, but if not, it’s fine to poke around the websites of some editors and see who appeals to you (and seems to work within your genre). Then contact them by whatever method they request (often a contact form on their site).

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