Pay calculator

Raise Calculator

See a raise as a new salary, a percentage, and the extra you'll get each paycheck — and, if you choose, after inflation.

Last reviewed October 9, 2026 · Calculation pay.raise v1.0.0

Describe the raise

Enter your current pay and the raise in whichever form you were offered it.

I'm paid

Annual salary, or hourly rate if you're paid by the hour.

The raise is

Use a negative number for a pay cut.

Per year for a salary, per hour for hourly pay.

Your hours

Optional. Enter a rate you choose — for example the latest annual CPI change published by the BLS. We don't fill this in for you.

New pay

$63,000.00

per year, before taxes

Estimate · if the raise is paid as described
Raise
$3,000.00
Percentage change
5%
Extra per month
$250.00
Extra per biweekly paycheck26 a year
$115.38
Extra per semi-monthly paycheck24 a year
$125.00
Extra per week
$57.69
New annual pay
$63,000.00
Change after your inflation ratereal (inflation-adjusted) change
Not entered
How this number was calculated

$60,000.00 × (1 + 5%) = $63,000.00.

Per-period changes use the annual difference ÷ 12, 26, 24 or weeks per year. Hourly pay is annualised as rate × hours × weeks. Real change = (1 + raise) ÷ (1 + inflation) − 1.

Calculation pay.raise v1.0.0. No external data used.

How to calculate a raise

Percentage raise

Current pay × (1 + raise % ÷ 100) = new pay

Example: $60,000 × 1.05 = $63,000.

Percentage from two numbers

(New pay − current pay) ÷ current pay × 100 = raise %

Example: ($64,500 − $60,000) ÷ $60,000 = 7.5%.

What a raise means per paycheck

A raise sounds bigger as a yearly number than it feels in each paycheck. A $3,000 raise is $250 a month, $115.38 per biweekly paycheck or $125.00 per semi-monthly paycheck — before taxes and deductions take their share.

Raises and inflation

If prices rise as fast as your pay, your buying power stays about the same. The real change in pay compares the raise with an inflation rate:

Real (inflation-adjusted) change

(1 + raise) ÷ (1 + inflation) − 1 = real change

A 3% raise with 3% inflation is a real change of 0%. The calculator leaves inflation blank unless you enter it, because the right rate depends on the period and the index you choose. The U.S. Bureau of Labor Statistics publishes the Consumer Price Index.

Why the percentage compounds

Each raise is applied to the pay you already have, so differences grow over time. Starting from $60,000, illustrating constant raises (not a forecast):

Pay after repeated yearly raises, starting at $60,000 (illustration)
Yearly raiseAfter 1 yrAfter 3 yrsAfter 5 yrsAfter 10 yrs
2% a year$61,200$63,672$66,245$73,140
3% a year$61,800$65,564$69,556$80,635
5% a year$63,000$69,458$76,577$97,734

Before you accept a raise offer

  • Is it base pay or a one-time payment? A one-time bonus doesn't carry into next year's pay.
  • When does it start? A raise starting mid-year only pays part of the annual amount this year.
  • Does anything else change? Hours, duties, benefit costs or bonus eligibility can change the real value.

Sources

  1. Consumer Price Index — U.S. Bureau of Labor Statistics. Accessed October 9, 2026.