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Raise Calculator

See your new salary or hourly rate after a raise, what it adds per paycheck, and what it’s worth after inflation.

Updated 2026-09-30
Pay type
$ /yr
Raise as
%
%

Recent annual inflation, to see your real raise

What a raise is worth

A 4.5% raise on $62,000 adds $2,790 a year, or about $107 a paycheck if you’re paid every two weeks. Raises compound: next year’s raise is calculated on this year’s higher pay.

Add an inflation rate to see your real raise, the part that increases what you can actually buy. With 3% inflation, a 4.5% raise is worth about 1.5% in purchasing power.

New salary
— Per year, before tax
Raise per hour
—
Raise per year
—
Raise per month
—
Raise per paycheck (biweekly)
—
New hourly equivalent
—
Real raise after inflation
—

New salary
—

Common questions

How do I calculate a raise percentage?

Divide the raise amount by your old pay and multiply by 100. Going from $62,000 to $64,790 is $2,790 ÷ $62,000 = 4.5%.

How much is a 3% raise on $25 an hour?

75 cents an hour, for a new rate of $25.75. At 2,080 hours a year that’s $1,560 more before tax.

Will a raise push me into a higher tax bracket?

Only the dollars above a bracket threshold are taxed at the higher rate, so your take-home always goes up with a raise.

What is a real raise?

Your raise adjusted for inflation: (1 + raise) ÷ (1 + inflation) − 1. A 4.5% raise with 3% inflation is a real raise of about 1.46%.

How this is calculated

Method
New pay = current pay × (1 + raise %), or current pay + raise amount.
Per month = annual raise ÷ 12. Per paycheck = annual raise ÷ 26.
Real raise = (1 + raise %) ÷ (1 + inflation %) − 1.
Take-home (optional) = the change in estimated annual take-home pay between your old and new pay.
Assumptions
  • Hourly conversions use 2,080 hours a year.
  • Tax on the raise compares 2026 federal, Social Security, Medicare and state tax before and after, with no other income.
Sources
Methodology reviewed 2026-09-30 · See our methodology for how we build and test calculators.