Use this free salary increase calculator to see your new pay after a raise, broken down by year, month, paycheck, and hour. Enter a raise as a percentage or a dollar amount, or enter your old and new pay to find your raise percentage. You can also see your raise after inflation.
Inflation, hours, and future raises
Enter the latest yearly CPI inflation rate from the Bureau of Labor Statistics to see your raise in real terms.
The chart assumes you get the same percentage raise every year.
Your new salary
—
Your pay if this raise repeats each year
Figures are before taxes and deductions. Hourly figures use your hours per week × 52 weeks. Per-paycheck figures assume 26 biweekly paychecks a year. Estimates for educational use, not financial or career advice.
How to Use This Raise Calculator
- Choose how your raise is described. Pick Raise in %, Raise in $, or I know my new pay if you want to find the percentage.
- Pick yearly salary or hourly wage and enter your current pay.
- Enter your raise. The results show your new pay per year, month, biweekly paycheck, and hour.
- Add inflation (optional). Open Inflation, hours, and future raises and enter the latest CPI inflation rate to see whether your raise beats rising prices.
How to Calculate a Raise
New salary = Current salary × (1 + Raise % ÷ 100) Raise % = (New salary − Current salary) ÷ Current salary × 100
To convert between salary and hourly pay, the calculator uses hours per week × 52 weeks. At 40 hours a week, that’s 2,080 hours a year.
Raise Calculation Examples
Example 1: A 4% raise on a $65,000 salary
$65,000 × 1.04 = $67,600. That’s $2,600 more a year before taxes:
| Pay period | Before raise | After 4% raise | Increase |
|---|---|---|---|
| Year | $65,000.00 | $67,600.00 | +$2,600.00 |
| Month | $5,416.67 | $5,633.33 | +$216.67 |
| Biweekly paycheck | $2,500.00 | $2,600.00 | +$100.00 |
| Hour (40 hrs/week) | $31.25 | $32.50 | +$1.25 |
Example 2: Finding your raise percentage
Your salary goes from $65,000 to $70,000. ($70,000 − $65,000) ÷ $65,000 = 7.69%.
Example 3: Raises add up over time
If you earn $65,000 and get a 4% raise every year, your salary would reach about $79,082 after 5 years. Each raise builds on the last one, which is why the starting salary in a new job or a strong early raise matters so much.
Is Your Raise Beating Inflation?
A raise only increases your buying power if it’s larger than the rise in prices. Economists call the inflation-adjusted figure your real raise:
Real raise = (1 + Raise %) ÷ (1 + Inflation %) − 1
For example, a 4% raise with 3% inflation is a real raise of about 0.97%, not 1%. If inflation were 6%, the same raise would leave you about 1.89% behind. The U.S. Bureau of Labor Statistics publishes the Consumer Price Index (CPI) each month, which is the most common measure of inflation.
Tips for Asking for a Raise
- Know your market rate. Pay data for your job and location gives you a fact-based number to ask for. The Bureau of Labor Statistics publishes wage data by occupation and area.
- Show your results. List projects, numbers, and responsibilities you’ve added since your last pay change.
- Ask for a specific amount. Use this calculator to turn a percentage into a dollar figure, or the other way around, before the conversation.
- Consider the whole package. Bonuses, retirement matching, extra time off, and remote work can also be part of the discussion.
Frequently Asked Questions
How much is a 3% raise on $50,000?
$50,000 × 0.03 = $1,500 a year, for a new salary of $51,500. That’s about $125 more a month or $57.69 more per biweekly paycheck, before taxes.
How much will my take-home pay go up?
Less than the gross raise, because federal income tax, Social Security, Medicare, and any state or local taxes come out of the extra pay. Retirement contributions set as a percentage of pay will also rise.
Will a raise push me into a higher tax bracket and lower my pay?
No. U.S. federal income tax brackets are marginal, so only the income above a bracket’s threshold is taxed at the higher rate. A raise always increases your total pay after federal income tax.
How do I convert my hourly raise to a yearly amount?
Multiply the hourly increase by your hours per week and then by 52. A $1.25 raise at 40 hours a week is $1.25 × 40 × 52 = $2,600 a year.
More free calculators
Sources
- U.S. Bureau of Labor Statistics: Consumer Price Index
- U.S. Bureau of Labor Statistics: Occupational Employment and Wage Statistics
- IRS: Federal income tax rates and brackets
This calculator provides estimates for educational purposes only. Figures are before taxes and deductions. Last updated: October 12, 2026.