Pay Raise Calculator

Got a pay raise or negotiating one? This free salary increase calculator helps you see exactly how much more you will earn across every pay period. Whether you know the raise percentage or your new salary amount, you can instantly calculate the difference in your annual, monthly, biweekly, weekly, and hourly pay. Use it as a pay raise calculator, salary raise calculator, or wage increase calculator.

How to calculate a pay raise percentage

To calculate a pay raise, multiply your current salary by the raise percentage divided by 100, then add that to your current salary. For example, a 10% raise on a $50,000 salary: $50,000 x 0.10 = $5,000 raise, so your new salary is $55,000. Want to know how much is a 3% raise on $60,000? That is $60,000 x 0.03 = $1,800 more per year. This salary increase calculator does all of that for you automatically and shows the result across every pay period.

How to calculate salary increase percentage from two salaries

If you know your old salary and new salary but not the raise percentage, subtract the old salary from the new one, divide by the old salary, and multiply by 100. For example, going from $50,000 to $55,000 is a ($55,000 - $50,000) / $50,000 x 100 = 10% raise. You can use the "New salary" mode in this salary raise calculator and it will figure out the percentage for you.

Cost of living raise calculator: why inflation matters

A 5% raise sounds great, but if inflation is running at 4%, your real purchasing power only increased by about 1%. Many workers receive a cost of living adjustment (COLA) that barely keeps up with inflation. The inflation adjustment feature in this pay raise calculator shows you the true value of your raise in today's dollars. This is especially important during periods of high inflation when nominal raises can be misleading. Use it as a cost of living raise calculator to see if your salary increase is a real wage increase or just keeping pace with rising prices.

How much will my paycheck increase after a raise?

The breakdown table above shows your salary increase per paycheck across all periods. For example, a 5% raise on a $60,000 annual salary means $250 more per month, $115.38 more per biweekly paycheck, or $1.44 more per hour. Seeing the per-paycheck difference helps you understand the real impact of your raise on your budget and financial planning.

Free salary increase calculator features

• Free and easy to use. No login or account creation required.
• Enter a raise percentage or a new salary amount directly.
• Support all custom currencies for international salary calculations.
• Works offline (only need initial page reload).
• Save data locally (we never collect any of it).
• Inflation-adjusted real raise calculation for cost of living comparison.
• Hourly, weekly, biweekly, monthly, and annual pay raise breakdown.