diff --git a/scripts/seed.ts b/scripts/seed.ts
index ac30a4a..39eb0b0 100644
--- a/scripts/seed.ts
+++ b/scripts/seed.ts
@@ -15,22 +15,45 @@ function seed() {
     )
   `);
 
+  // Create settings table if it doesn't exist
+  db.exec(`
+    CREATE TABLE IF NOT EXISTS settings (
+      key TEXT PRIMARY KEY,
+      value TEXT
+    )
+  `);
+
   // Check if the admin user already exists
-  const stmt = db.prepare('SELECT * FROM users WHERE email = ?');
-  const adminUser = stmt.get('admin@example.com');
+  const userStmt = db.prepare('SELECT * FROM users WHERE email = ?');
+  const adminUser = userStmt.get('admin@example.com');
 
   if (!adminUser) {
     // Insert the default admin user
     // In a real application, you should hash the password!
-    const insert = db.prepare(
+    const insertUser = db.prepare(
       "INSERT INTO users (email, password, name) VALUES (?, ?, ?)"
     );
-    insert.run("admin@example.com", "password", "Admin User");
+    insertUser.run("admin@example.com", "password", "Admin User");
     console.log('Admin user created.');
   } else {
     console.log('Admin user already exists.');
   }
 
+  // Check if the hourly_rate setting already exists
+  const settingStmt = db.prepare('SELECT * FROM settings WHERE key = ?');
+  const hourlyRateSetting = settingStmt.get('hourly_rate');
+
+  if (!hourlyRateSetting) {
+    // Insert the default hourly rate
+    const insertSetting = db.prepare(
+      "INSERT INTO settings (key, value) VALUES (?, ?)"
+    );
+    insertSetting.run("hourly_rate", "100");
+    console.log('Default hourly rate set.');
+  } else {
+    console.log('Hourly rate setting already exists.');
+  }
+
   console.log('Seeding complete.');
 }
 
diff --git a/src/app/admin/layout.tsx b/src/app/admin/layout.tsx
index d9dfc5a..26ae2d4 100644
--- a/src/app/admin/layout.tsx
+++ b/src/app/admin/layout.tsx
@@ -53,6 +53,12 @@ export default function AdminLayout({
                     Email
                   </SidebarMenuSubButton>
                 </SidebarMenuSubItem>
+                <SidebarMenuSubItem>
+                  <SidebarMenuSubButton href="/admin/settings/hourly-rate" >
+                    <Settings />
+                    Hourly Rate
+                  </SidebarMenuSubButton>
+                </SidebarMenuSubItem>
               </SidebarMenuSub>
             </SidebarMenuItem>
           </SidebarMenu>
diff --git a/src/app/admin/settings/hourly-rate/page.tsx b/src/app/admin/settings/hourly-rate/page.tsx
new file mode 100644
index 0000000..26c9770
--- /dev/null
+++ b/src/app/admin/settings/hourly-rate/page.tsx
@@ -0,0 +1,71 @@
+"use client";
+
+import { useEffect, useState, useTransition } from 'react';
+import { Card, CardContent, CardHeader, CardTitle, CardDescription } from "@/components/ui/card";
+import { Label } from "@/components/ui/label";
+import { Input } from "@/components/ui/input";
+import { Button } from "@/components/ui/button";
+import { useToast } from "@/hooks/use-toast";
+import { getSetting, setSetting } from '@/lib/actions/settings';
+
+const HourlyRateSettingsPage = () => {
+  const { toast } = useToast();
+  const [hourlyRate, setHourlyRate] = useState('');
+  const [isPending, startTransition] = useTransition();
+
+  useEffect(() => {
+    async function fetchHourlyRate() {
+      const rate = await getSetting('hourly_rate');
+      if (rate) {
+        setHourlyRate(rate);
+      }
+    }
+    fetchHourlyRate();
+  }, []);
+
+  const handleSubmit = (event: React.FormEvent<HTMLFormElement>) => {
+    event.preventDefault();
+    startTransition(async () => {
+      try {
+        await setSetting('hourly_rate', hourlyRate);
+        toast({ title: "Hourly Rate Saved", description: "The hourly rate has been updated successfully." });
+      } catch (error) {
+        console.error("Failed to save hourly rate:", error);
+        toast({ title: "Error", description: "Failed to save hourly rate.", variant: "destructive" });
+      }
+    });
+  };
+
+  return (
+    <Card className="max-w-2xl">
+      <CardHeader>
+        <CardTitle>Hourly Rate Settings</CardTitle>
+        <CardDescription>
+          Set the default hourly rate used for project estimations.
+        </CardDescription>
+      </CardHeader>
+      <CardContent>
+        <form onSubmit={handleSubmit} className="flex flex-col gap-4">
+          <div className="flex flex-col gap-2">
+            <Label htmlFor="hourlyRate">Hourly Rate ($)</Label>
+            <Input
+              id="hourlyRate"
+              name="hourlyRate"
+              type="number"
+              step="0.01"
+              placeholder="e.g., 100.00"
+              value={hourlyRate}
+              onChange={(e) => setHourlyRate(e.target.value)}
+              required
+            />
+          </div>
+          <Button type="submit" className="self-start" disabled={isPending}>
+            {isPending ? 'Saving...' : 'Save Hourly Rate'}
+          </Button>
+        </form>
+      </CardContent>
+    </Card>
+  );
+};
+
+export default HourlyRateSettingsPage;
diff --git a/src/lib/actions/settings.ts b/src/lib/actions/settings.ts
new file mode 100644
index 0000000..192ad5c
--- /dev/null
+++ b/src/lib/actions/settings.ts
@@ -0,0 +1,26 @@
+'use server';
+
+import db from '@/lib/db';
+
+export async function getSetting(key: string): Promise<string | null> {
+  try {
+    const stmt = db.prepare('SELECT value FROM settings WHERE key = ?');
+    const result = stmt.get(key) as { value: string } | undefined;
+    return result?.value ?? null;
+  } catch (error) {
+    console.error(`Failed to get setting "${key}":`, error);
+    return null;
+  }
+}
+
+export async function setSetting(key: string, value: string): Promise<void> {
+  try {
+    const stmt = db.prepare(
+      'INSERT INTO settings (key, value) VALUES (?, ?) ON CONFLICT(key) DO UPDATE SET value = excluded.value'
+    );
+    stmt.run(key, value);
+  } catch (error) {
+    console.error(`Failed to set setting "${key}":`, error);
+    throw new Error(`Could not update setting for ${key}`);
+  }
+}
diff --git a/src/lib/db.ts b/src/lib/db.ts
index ba3d3a7..9d290df 100644
--- a/src/lib/db.ts
+++ b/src/lib/db.ts
@@ -3,7 +3,7 @@ import Database from 'better-sqlite3';
 // Use a file-based database in development
 const db = new Database('local.db');
 
-// Create the users table if it doesn't exist
+// Create the tables if they don't exist
 db.exec(`
   CREATE TABLE IF NOT EXISTS users (
     id INTEGER PRIMARY KEY AUTOINCREMENT,
@@ -13,4 +13,12 @@ db.exec(`
   )
 `);
 
+db.exec(`
+  CREATE TABLE IF NOT EXISTS settings (
+    key TEXT PRIMARY KEY,
+    value TEXT
+  )
+`);
+
+
 export default db;