Pay Raise Calculator
Find your new salary after a raise, the percentage increase and what it means per year, month, week and hour.
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About the Pay Raise Calculator
This pay raise calculator turns a raise into real numbers. Enter your current salary and the raise as a percentage, a dollar amount or a new salary. You will see the new yearly, monthly, biweekly, weekly and hourly pay, and whether the raise keeps up with inflation.
How to use it
- Enter your current annual salary.
- Choose how you want to enter the raise and type the value.
- Press Calculate raise to see the new pay and the inflation comparison.
Raise formulas
- New salary = current salary × (1 + raise %)
- Raise % = (new salary − current salary) ÷ current salary × 100
- Hourly pay = annual salary ÷ (hours per week × 52)
Typical raises
| Situation | Typical raise |
|---|---|
| Annual cost-of-living or merit raise | About 3% to 4% |
| Promotion | About 5% to 15% |
| Changing employers | Often 10% to 20% |
Actual raises vary by industry, company and performance.
Frequently asked questions
How do I calculate a pay raise?
Multiply your salary by 1 plus the raise percentage. A 4% raise on $70,000 gives $72,800.
How do I calculate a raise percentage?
Subtract the old pay from the new pay, divide by the old pay and multiply by 100.
What is a good raise percentage?
A raise that matches or beats inflation, often 3% to 5% a year, keeps your buying power. Promotions and job changes often bring more.
How do I ask for a raise?
Research market pay, document your results and ask with a specific number. This calculator helps you see what different percentages mean.
Is a raise taxed more?
A raise is taxed at your marginal rate, but your total tax never makes you take home less overall.
Last reviewed: November 2026. Estimates only, not financial, tax or legal advice.