Raise Calculator
See your new salary after a raise, the change in monthly and hourly pay and what the raise is worth after inflation and taxes.
Your numbers
- Annual increase
- $3,600
- Monthly increase (before tax)
- $300
- Monthly increase (after tax)
- $228
- Real raise after inflation
- 1.94%
- New hourly equivalent
- $36.35
- Current
- New
How the raise calculator works
New salary = current × (1 + raise). Real raise = (1 + raise) ÷ (1 + inflation) − 1. After-tax gain assumes your marginal rate.
Example
Using the default inputs (Current salary: $72,000; Raise: 5%; Inflation: 3%; Marginal tax rate: 24%), the calculator returns new salary of $75,600. Change any field above to see your own result and charts update instantly.
Good for these goals
Frequently asked questions
What is a typical raise?
Merit raises average about 3%–4% annually; promotions often bring 8%–15%.
How do I ask?
Document accomplishments, research market pay and ask for a specific number.
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Estimates are for educational purposes only and are not financial, tax or legal advice. Results depend on your inputs and simplified assumptions; tax figures reflect 2026 federal rules and may differ from your situation. See our disclaimer. © 2026 FinanzCalc.