Pay Raise Calculator
Your raise in percent and in dollars, per paycheck, and after inflation. For salaried and hourly pay.
| Before | After | Change | |
|---|---|---|---|
| Yearly | $65,000 | $67,600 | +$2,600 |
| Monthly | $5,416.67 | $5,633.33 | +$216.67 |
| Per paycheck | $2,500.00 | $2,600.00 | +$100.00 |
| Weekly | $1,250.00 | $1,300.00 | +$50.00 |
| Hourly | $31.25 | $32.50 | +$1.25 |
Does it beat inflation?
In real terms this raise is worth about 0.58%. That is the part that actually buys you more.
The default is the latest US CPI figure, 3.4% for the year to August 2026. Change it to your own country's rate, or to what your costs have actually done.
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Your manager said four percent. You heard a number, but not a useful one. Four percent of what, and how much is that on a Friday?
Put in your current pay and the raise, as a percent, as a dollar amount, or just the new figure, and everything else fills in: yearly, monthly, per paycheck, weekly and hourly, before and after. It works the same for a salary or an hourly rate.
Then there is the line most raise calculators leave out. US prices rose 3.4% in the year to August 2026, so a raise below that leaves you able to buy less than last year, even though the number went up. This shows you which side of that line you are on.
How to work out a raise by hand
From a percent to new pay: multiply your pay by one plus the raise as a decimal. A 4% raise on $65,000 is 65,000 times 1.04, which is $67,600.
From new pay to a percent: take the difference, divide it by the old pay, and multiply by 100. From $65,000 to $67,600 is $2,600, and 2,600 divided by 65,000 is 0.04, or 4%.
Per paycheck: divide the yearly raise by the number of paychecks. $2,600 across 26 fortnightly paychecks is $100 each, before tax.
After inflation: divide one plus the raise by one plus inflation, then subtract one. A 4% raise with 3.4% inflation is 1.04 divided by 1.034, minus one, which is about 0.58%. That is the part of the raise you can spend.
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Questions
How do I calculate a raise percentage?
Subtract your old pay from your new pay, divide by your old pay, and multiply by 100. Going from $65,000 to $68,000 is a $3,000 raise, and 3,000 divided by 65,000 is 4.62%.
How much is a 4% raise per paycheck?
On a $65,000 salary a 4% raise is $2,600 a year. Paid every two weeks, that is $100 more per paycheck before tax, or $108.33 if you are paid twice a month.
Is my raise keeping up with inflation?
Compare it to the inflation rate. US consumer prices rose 3.4% in the 12 months to August 2026, so a raise below 3.4% is a small pay cut in real terms. A 4% raise against 3.4% inflation is worth about 0.58% in extra buying power.
Does the calculator include tax?
No. Every figure is gross pay, which is how raises are offered and quoted. The change in your take-home pay will be smaller, and by how much depends on your tax bracket, your state and your deductions.
How do I turn an hourly raise into a yearly figure?
Multiply the hourly increase by the hours you work in a year. A $1.50 an hour raise at 40 hours a week for 52 weeks is $3,120 a year. Switch the calculator to hourly and it does this for you.