Finance calculator

Free hourly to salary calculator

Convert an hourly wage to annual, monthly, and biweekly salary — enter your hourly rate and hours per week, updated live, as you type.

InputsLive
Hourly rate
$/hr
Hours per week
hrs
Weeks per year
wks
Result
Annual salary
$52,000
$4,333.33/month · $2,000 biweekly
Annual$52,000
Monthly$4,333.33
Biweekly$2,000
Hourly$25

Gross (pre-tax) annual salary only. Adjust weeks for paid time off.

Results are estimates. Consult a professional.

How it's calculated

How the hourly-to-salary calculator works

The hourly-to-salary calculator multiplies an hourly wage by the number of hours worked per week and the number of weeks worked per year. The standard full-time assumption is 40 hours per week for 52 weeks, producing 2,080 annual hours. The tool also outputs monthly, biweekly, and weekly equivalents so you can compare the hourly role against any salaried offer on an apples-to-apples basis.

Annual salary = hourly rate × hours per week × weeks per year
Standard: = hourly rate × 2,080
Monthly = annual salary ÷ 12
Biweekly = annual salary ÷ 26
U.S. Bureau of Labor Statistics — National Occupational Employment and Wage Estimates.
Example

Worked example: $28/hour to annual salary

Example: $28/hour, 40 hrs/week, 52 weeks

Riley earns $28 an hour in a full-time position. A new employer has offered a salaried role and Riley needs to know the annual, monthly, and biweekly equivalents to compare the two offers fairly.

Annual = $28.00 × 2,080 = $58,240
Monthly = $58,240 ÷ 12 = $4,853.33
Biweekly = $58,240 ÷ 26 = $2,240.00
Weekly = $58,240 ÷ 52 = $1,120.00
$58,240/year
Riley's $28 hourly rate equals a $58,240 annual salary — making it straightforward to evaluate any salaried counteroffer above or below that figure.
Quick reference

Hourly rates $15–$75 converted to annual and monthly

All conversions assume a standard 2,080-hour work year (52 weeks × 40 hrs). Figures are gross before taxes and deductions.

Hourly rateAnnual salaryMonthlyBiweekly
$15.00$31,200$2,600$1,200
$18.00$37,440$3,120$1,440
$20.00$41,600$3,467$1,600
$22.00$45,760$3,813$1,760
$25.00$52,000$4,333$2,000
$28.00$58,240$4,853$2,240
$35.00$72,800$6,067$2,800
$40.00$83,200$6,933$3,200
$50.00$104,000$8,667$4,000
$75.00$156,000$13,000$6,000

Annual = hourly × 2,080. Monthly = annual ÷ 12. Biweekly = annual ÷ 26.

Practical tips

Tips for hourly-to-salary comparisons

Converting hourly pay to an annual salary equivalent is only half the comparison. Benefits, scheduling flexibility, and overtime eligibility can shift the real value of an hourly role significantly above or below its nominal annual equivalent.

  • Hourly workers are FLSA overtime-eligible — non-exempt hourly employees earn 1.5× for hours over 40/week; salaried exempt employees generally do not, so a salaried role's implied hourly rate can be misleading at 50+ hours.
  • Check whether the hourly role includes benefits — some full-time hourly positions include health insurance and paid leave, matching what salaried roles offer; others do not, which effectively reduces real compensation by $5,000–$15,000 per year.
  • Account for paid holidays — a standard employer year includes 10–11 holidays; an hourly worker who is not paid for holidays works fewer paid hours than 2,080, lowering effective annual pay.
  • Use actual weeks if you take unpaid time off — working 50 weeks instead of 52 reduces annual income by $28 × 80 = $2,240 in Riley's example; enter your real weeks into the calculator.
  • Overtime can close a salary gap — if the hourly role offers reliable overtime, model the extra earnings: at $28/hour, just 5 hours of OT weekly adds $10,920 to the annual total.
Accuracy & limits

Accuracy and limitations

All results are gross annual equivalents based on 2,080 standard hours. Actual earnings depend on actual hours worked, paid holiday policy, overtime eligibility, and any unpaid leave. The calculator does not account for taxes, benefit deductions, shift differentials, or regional minimum wage laws. For irregular schedules, enter your actual weekly hours and weeks worked per year rather than the 40/52 defaults.

Not financial advice — consult a financial professional for your specific situation.

Glossary

Key terms

The rate of pay per hour worked. Hourly employees are typically non-exempt under the FLSA and entitled to overtime pay.
An employee covered by the FLSA's overtime provisions, entitled to 1.5× their regular rate for hours worked beyond 40 per week.
The yearly gross pay implied by an hourly rate assuming a standard 2,080-hour work year.
A paycheck issued every two weeks, resulting in 26 pay dates per year. Two months in the year will contain three paydays.
Total compensation before any federal or state income taxes, FICA, or benefit deductions are removed.
The dollar worth of employer-provided non-wage compensation: health insurance, dental, vision, retirement match, and paid time off.
About

About this calculator

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Questions

Frequently asked questions about the free hourly to salary calculator

A hourly to salary calculator is a free online tool that helps you convert hourly rate to annual salary. Identical to salary calculator — exposed as a separate page for SEO. It runs entirely in your browser with instant results and no sign-up.
No — actual loan terms depend on credit, income docs, and lender underwriting. Use this for planning and what-if scenarios; get a real Loan Estimate before making decisions.
When the calculator asks for them. PITI calculations include property tax, insurance, and PMI; raw P&I calculations don't.
Lenders round payment amounts and may include escrow buffers. Property tax and insurance change over time. Real payments vary 1-5% from these estimates.

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