Pay Raise Calculator
Enter a raise percentage or a new pay amount to compare the increase across annual, monthly, weekly and hourly pay.
Current pay and raise
Results compare gross pay before taxes, deductions and benefits. Your entries stay in this browser.
Raise results
How a pay raise is calculated
- New pay:
current pay × (1 + raise percentage) - Raise percentage from new pay:
(new pay ÷ current pay − 1) × 100 - Inflation-adjusted change:
(new pay ÷ current pay) ÷ (1 + inflation) − 1
Worked pay raise example
A salary of $50,000 with a 6% raise becomes $53,000, an increase of $3,000 per year or $250 per average month before deductions. If inflation is 3%, the estimated real increase is about 2.91%, not simply 3%.
Nominal raise versus purchasing power
A positive raise can still reduce purchasing power when prices rise faster. Use an inflation figure covering the same period as the raise, and remember that personal costs may differ from a broad index.
Compare total compensation
Salary alone does not capture bonuses, paid leave, insurance, retirement contributions, commuting costs or changed working hours. Compare the full package and effective hourly value.
The inflation comparison estimates purchasing-power change, not future prices or personal living costs. Take-home pay can change differently because of taxes, benefits, bonuses, overtime and payroll rules.