I charge 50$/hour for logo design.
After a client sends information including business name, what the business does and a few ideas about visual direction (examples and rough sketches are very helpful), I will send 3-5 sketches for review. This exchange usually often goes through 2-3 cycles. Updates and editing will be done at a rate of $50/hour with a minimum of 1 hour/session. Unless very complex, logo prices do not go over $800. Logos are made as vector graphics and a variety of file types can be provided.