Pay Raise & Salary Comparison Calculator

Written by AllinPlus Editorial Team, Technical Research & Engineering Board

Published Jul 19, 2026 • Last reviewed: Jul 19, 2026

Determine how a salary increase affects your take-home pay. Calculate your new annual, monthly, and hourly wage based on percentage bumps or flat raises.

Educational Tool Only This is an educational calculator; not financial, tax, investment, or lending advice. Outcomes are estimates based strictly on your inputs.

Current pay

Current annual salary

New pay

Enter raise %

Enter new salary

Raise percentage

Reality check

Expected inflation rate annual

Hours worked per week for hourly equivalent

hrs

Nominal raise

—

Straight dollar and percentage increase.

Real (inflation-adjusted) raise

—

What the raise is worth in today's purchasing power.

New hourly equivalent

—

Based on hours/week entered.

Nominal vs. real raise

Nominal raise (before inflation)—

Real raise (purchasing power)—

Pay period	Current	New

Job A — hourly

Hourly rate

Hours per week

hrs

Paid weeks per year 52 minus unpaid time off

wks

Annual benefits value insurance, match, etc.

Job B — salaried

Annual salary

Typical hours per week

hrs

Annual benefits value insurance, match, etc.

Job A total comp

—

Wages + benefits, annualized.

Job B total comp

—

Wages + benefits, annualized.

Effective hourly, Job B

—

What the salary works out to per hour actually worked.

Total annual compensation

Job A (hourly)—

Job B (salaried)—

Pay period	Job A	Job B

All figures are gross (pre-tax) and exclude payroll tax, benefits elections, and state-specific rules. "Real raise" uses the standard purchasing-power adjustment: new salary discounted by expected inflation, compared to current salary. Runs entirely in your browser — nothing you enter is sent anywhere.

How to Use

Step 1: Enter your current annual salary or hourly wage.
Step 2: Input the proposed percentage increase or flat dollar amount raise.
Step 3: View your projected new salary and exact difference in pay per paycheck.

Example Calculation

Scenario: Receiving a 5% raise on a $60,000 salary.

Current Salary: $60,000
Raise: 5%

Result: New Salary: $63,000. Increase: $3,000/year.

5% of $60,000 is $3,000. Your new gross salary becomes $63,000.

Frequently Asked Questions

Does this calculate net pay after taxes?

This tool calculates gross pay increases. For after-tax estimations, use our Income Tax Calculator.

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Before you negotiate your next raise, understand the true value of your offer. Read our guide on analyzing gross vs net income and total compensation.

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