Your database will be pre-populated with location status'. These status' will have a rate of $0. To change the rate, follow the below steps
Go the gear at the top right hand corner of the screen
Click on "Settings"
Click on "Location Status"
Hover your mouse over the rate you would like to change and a gear button will appear
Click on the gear
Click "Update"
A modal will appear with location status details.
Adjust the rate and other details as required
Click "Update Location Status"