Finance calculator

Free salary calculator

Convert annual salary to hourly, monthly, biweekly, and weekly pay — enter your annual salary to see all equivalent pay periods, updated live, as you type.

InputsLive
Enter as
Hourly rate
$
Hours per week
hrs
Result
Annual salary
$52,000
$25/hr · $4,333.33/mo · $2,000 biweekly
Annual$52,000
Monthly$4,333.33
Biweekly$2,000
Hourly$25

Based on 52 weeks/year. Does not account for taxes, deductions, or paid time off.

Results are estimates. Consult a professional.

How it's calculated

How the salary calculator works

The salary calculator converts between annual, monthly, biweekly, weekly, and hourly pay using a standard 40-hour, 52-week work year. Enter any one figure and it instantly fills in all the others. The baseline is 2,080 working hours per year — 52 weeks multiplied by 40 hours — which is the standard used by the Bureau of Labor Statistics and most US payroll systems.

Annual salary = hourly rate × 2,080
Monthly salary = annual salary ÷ 12
Biweekly pay = annual salary ÷ 26
Weekly pay = annual salary ÷ 52
Hourly rate = annual salary ÷ 2,080
U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics methodology.
Example

Worked example: $75,000 annual salary

Example: $75,000/year full-time employee

Alex earns a $75,000 annual salary working 40 hours a week. The calculator breaks this down into every pay period so Alex can compare job offers, plan a budget, or verify a paycheck.

Monthly = $75,000 ÷ 12 = $6,250.00
Biweekly = $75,000 ÷ 26 = $2,884.62
Weekly = $75,000 ÷ 52 = $1,442.31
Hourly = $75,000 ÷ 2,080 = $36.06
$36.06/hour
A $75,000 salary works out to $36.06 an hour — useful when comparing a salaried offer against a contract or freelance rate.
Quick reference

Common salaries across all pay periods

The table converts eight common annual salaries into monthly, biweekly, and hourly equivalents. All figures assume a standard 40-hour, 52-week year and are gross (before tax).

Annual salaryMonthlyBiweeklyHourly
$40,000$3,333$1,538$19.23
$50,000$4,167$1,923$24.04
$60,000$5,000$2,308$28.85
$75,000$6,250$2,885$36.06
$90,000$7,500$3,462$43.27
$100,000$8,333$3,846$48.08
$120,000$10,000$4,615$57.69
$150,000$12,500$5,769$72.12

Calculated using 2,080 annual hours (52 weeks × 40 hrs). Biweekly = annual ÷ 26. Monthly = annual ÷ 12.

Practical tips

Tips for using salary conversions

Knowing your equivalent hourly rate is essential when comparing a salaried position to a contract role, negotiating a raise, or evaluating whether overtime is worth it. The gross rate is only half the picture — account for benefits, paid time off, and employer retirement contributions when making like-for-like comparisons.

  • Compare total compensation, not just salary — a salaried role with health insurance and a 401(k) match can be worth $10,000–$20,000 more than the raw number suggests.
  • Adjust for actual hours worked — if a salaried job routinely requires 50 hours a week, your real hourly rate is annual ÷ 2,600, not ÷ 2,080.
  • Use the hourly figure for freelance rate-setting — add 25–40% above your salaried hourly equivalent to cover self-employment taxes, benefits you fund yourself, and unpaid admin time.
  • Check biweekly vs. semi-monthly — biweekly means 26 paychecks a year (two months have three); semi-monthly means exactly 24. The calculator uses biweekly (annual ÷ 26).
  • Re-run after any raise — even a 3% annual increase changes your hourly rate enough to affect freelance quoting or overtime calculations.
Accuracy & limits

Accuracy and limitations

All figures are gross pre-tax amounts based on a standard 2,080-hour work year. Actual take-home pay depends on federal and state income tax, Social Security and Medicare taxes, health insurance premiums, and retirement contributions. Part-time schedules, unpaid leave, shift differentials, and overtime are not reflected. The tool is designed for straightforward 40-hour salaried or hourly positions.

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

Glossary

Key terms

Total gross compensation paid over a full calendar year before any taxes or deductions.
Pay before income tax, payroll tax, and benefit deductions are subtracted. The figures in this calculator are all gross.
A paycheck issued every two weeks; results in 26 paychecks per year. Two months per year will contain three pay dates.
Pay issued twice per month — typically on the 1st and 15th — resulting in exactly 24 paychecks per year. Different from biweekly.
The standard full-time annual hours used by the U.S. federal government and most payroll systems: 52 weeks × 40 hours per week.
Annual salary divided by actual hours worked in a year. Useful for salaried employees who regularly work more than 40 hours per week.
About

About this calculator

Part of our finance calculators suite — explore all calculators.

Questions

Frequently asked questions about the free salary calculator

A salary calculator is a free online tool that helps you calculate annual salary from hourly rate and weekly hours. Standard salary calculation. Default assumes 40 hrs/week × 52 weeks = 2080 hours. 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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