Raise Calculator
A raise announced as "4%" sounds identical no matter your starting salary, even though the real dollar impact can vary by thousands of dollars. This calculator turns a percentage or flat raise into an actual number, so you can judge whether it covers what you need it to.
Enter your current salary and raise to see the result.
How to use this calculator
- Enter your current annual salary.
- Choose whether your raise is a percentage or a flat dollar amount.
- Enter the raise value and click "Calculate new salary".
Why it matters
Whether you're evaluating an offer letter or planning a negotiation, seeing the raise translated into your new salary, monthly pay, and percentage increase makes it easier to judge whether an offer meets your goals.
A worked example
Say your current salary is $58,000 and you're offered a 5% raise: that's a $2,900 increase, bringing your new salary to $60,900, or about $5,075 a month. Compare that to a flat $2,000 raise on the same salary — only a 3.45% increase, and a new salary of $60,000. The two can sound similar in conversation, but they land differently once converted to real numbers, which is exactly why it's worth running both through the calculator before agreeing to anything.
Frequently asked questions
What is a typical annual raise?
Cost-of-living raises are often in the 3-5% range, while merit or promotion raises can be higher. What counts as "good" depends heavily on your industry, role, and location.
Does this include taxes?
No, this is gross pay before taxes. Use the Paycheck Calculator to see how a new salary affects your take-home pay.
Can I use this for an hourly raise?
Yes — just enter your current annual equivalent (hourly rate × hours × weeks) as the "current salary" figure.
How do I calculate the percentage if I only know the new number?
Subtract your old salary from the new one, divide by the old salary, then multiply by 100. This calculator does that automatically when you choose the flat-amount option and enter the dollar increase.
Is my raise actually keeping up with inflation?
Compare your raise percentage to the current inflation rate — if your raise is below it, your real purchasing power has effectively gone down even though your paycheck number went up.
New Salary After a Raise: Quick Chart
Find your current salary in the left column to see your new annual pay at common raise percentages. These are gross figures, before taxes.
| Current salary | 2% raise | 3% raise | 4% raise | 5% raise | 10% raise |
|---|---|---|---|---|---|
| $30,000 | $30,600 | $30,900 | $31,200 | $31,500 | $33,000 |
| $40,000 | $40,800 | $41,200 | $41,600 | $42,000 | $44,000 |
| $50,000 | $51,000 | $51,500 | $52,000 | $52,500 | $55,000 |
| $60,000 | $61,200 | $61,800 | $62,400 | $63,000 | $66,000 |
| $75,000 | $76,500 | $77,250 | $78,000 | $78,750 | $82,500 |
| $100,000 | $102,000 | $103,000 | $104,000 | $105,000 | $110,000 |
What an Hourly Raise Is Worth Per Year
A raise of one dollar an hour adds $2,080 a year for a full-time schedule of 2,080 hours (40 hours for 52 weeks). Here is what common hourly raises add up to:
| Hourly raise | Extra per year | Extra per month |
|---|---|---|
| $0.50 per hour | $1,040 | $86.67 |
| $1.00 per hour | $2,080 | $173.33 |
| $2.00 per hour | $4,160 | $346.67 |
| $3.00 per hour | $6,240 | $520.00 |
| $5.00 per hour | $10,400 | $866.67 |
New Hourly Wage After a Percentage Raise
| Current hourly wage | 3% raise | 5% raise | 10% raise |
|---|---|---|---|
| $15.00 | $15.45 | $15.75 | $16.50 |
| $18.00 | $18.54 | $18.90 | $19.80 |
| $20.00 | $20.60 | $21.00 | $22.00 |
| $25.00 | $25.75 | $26.25 | $27.50 |
| $30.00 | $30.90 | $31.50 | $33.00 |
How to Calculate a Raise Yourself
For a percentage raise, multiply your pay by 1 plus the raise: a 5% raise on $58,000 is $58,000 × 1.05 = $60,900. To turn a dollar increase into a percentage, divide the increase by your current pay. To see whether a raise beats inflation, compare it with the current rate: a 3% raise in a year when prices rise 4% is a real pay cut of about 1%. Our guide Raise Calculator 2026 walks through this with a full example, including how much of a raise you keep after tax. To see the take-home effect directly, try the paycheck calculator.
Last reviewed: October 9, 2026.