Salary Calculator
Convert your salary between pay periods and estimate your federal take-home pay.
About the Salary Calculator
This salary calculator converts your compensation between any pay period — hourly, daily, weekly, biweekly, monthly, and annual. The conversions assume a standard 40-hour work week (2,080 hours per year) and 5 working days per week (260 days per year). Whether you're comparing job offers or understanding your true hourly rate, this tool makes it easy to see your pay from every angle.
The federal tax estimate uses 2024 single-filer brackets with the standard deduction of $14,600. Keep in mind this is an approximation — your actual tax liability will depend on deductions, credits, filing status, and state taxes. Once you know your take-home pay, use our Budget Calculator to allocate your income with the 50/30/20 rule.
Over time, inflation erodes purchasing power, meaning a raise that doesn't outpace inflation is effectively a pay cut. Use our Inflation Calculator to see how much your salary needs to grow each year to maintain the same standard of living.
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For a related calculation, use Inflation Calculator to calculate the impact of inflation on purchasing power and future costs over time. Alternatively, use Budget Calculator to plan your monthly budget using the 50/30/20 rule and track your savings rate.
For the underlying method, read How Currency Conversion Works: Rates, Spreads, and Smarter Estimates or How to Pay Off Debt Faster: A Complete Guide.