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Salary Calculator

Convert your salary between annual, monthly, biweekly, weekly, daily, and hourly amounts.

Inputs

$

Results

Annual Salary
$65,000
Monthly
$5,416.67
Biweekly
$2,500
Weekly
$1,250
Daily
$250
Hourly Rate
$31.25
40 hrs/week

Disclaimer: This calculator provides estimates for informational purposes only. Results are not financial advice. Consult a qualified financial advisor for decisions about your specific situation. Actual rates, terms, and conditions may vary by lender and individual circumstances.

How Does the Salary Calculator Work?

The salary calculator converts your compensation between different pay periods using standard work assumptions. If you enter an annual salary, it divides by the appropriate number of pay periods: 12 for monthly, 26 for biweekly, 52 for weekly, and 260 for daily (52 weeks × 5 working days). For hourly input, it multiplies by your hours per week and weeks per year to calculate the annual equivalent, then derives all other periods. This conversion is essential for comparing job offers quoted in different frequencies, understanding the true value of your time, and budgeting based on your actual pay schedule.

Formula: Annual = Hourly × Hours/Week × Weeks/Year; Monthly = Annual / 12; Biweekly = Annual / 26

How to Use This Calculator

Enter your salary amount and select the corresponding pay frequency (annual, monthly, biweekly, weekly, or hourly). If you selected hourly, also enter your typical hours per week and working weeks per year. The default is 40 hours and 52 weeks, but adjust these if you work part-time or have unpaid time off. The calculator instantly converts your pay into all other frequencies so you can see your annual, monthly, biweekly, weekly, daily, and hourly equivalents.

Example Calculation

Maria earns $28 per hour and works 40 hours per week, 50 weeks per year (2 weeks unpaid vacation).

  1. 1Hourly rate = $28
  2. 2Hours per week = 40
  3. 3Weeks per year = 50
  4. 4Annual salary = $28 × 40 × 50 = $56,000
  5. 5Monthly = $56,000 / 12 = $4,667
  6. 6Biweekly = $56,000 / 26 = $2,154
  7. 7Weekly = $56,000 / 52 = $1,077
  8. 8Daily = $56,000 / 260 = $215
Result: Maria earns $56,000 annually, which translates to $4,667/month, $2,154 biweekly, $1,077 weekly, or $215 per working day.

Understanding Your Results

All conversions assume a consistent work schedule. The biweekly figure is based on 26 pay periods per year (some months you receive 3 paychecks if paid biweekly). Daily rate assumes 260 working days (52 weeks × 5 days). If you receive paid vacation, your effective hourly rate may be higher than the calculated rate since vacation days are paid but not worked.

Factors Affecting Take-Home Pay

Paid Time Off

Paid vacation increases your effective hourly rate. Unpaid time off reduces your annual total.

Overtime

Non-exempt employees earn 1.5× for hours over 40/week, which significantly affects actual annual income.

Benefits Value

Health insurance, 401(k) match, and other benefits add 20-40% to your total compensation beyond salary.

Tax Withholding

Gross salary and net (take-home) pay differ significantly. Use the Income Tax Calculator for tax estimates.

Tips & Best Practices

  • When comparing job offers, convert all salaries to the same pay period for an apples-to-apples comparison.
  • Factor in benefits value — a lower salary with great benefits may be worth more than a higher salary without them.
  • If you freelance, remember to account for self-employment tax, health insurance, and retirement contributions not covered by an employer.
  • Use the hourly rate to evaluate whether side work, overtime, or freelance projects are worth your time.
  • Adjust weeks per year downward if you have unpaid time off to get a more accurate annual figure.

Frequently Asked Questions

How do I convert annual salary to hourly rate?
Divide your annual salary by the total number of working hours in a year. For a standard 40-hour week with 52 weeks, that is 2,080 hours. So a $60,000 annual salary equals $60,000 / 2,080 = $28.85 per hour. Adjust the hours if you work more or less than 40 hours per week.
Why does biweekly pay not equal monthly pay divided by two?
Biweekly means every two weeks (26 paychecks per year), while semi-monthly means twice per month (24 paychecks per year). Biweekly paychecks are slightly smaller but you receive 2 extra paychecks per year. Over the year, both add up to the same annual salary.
Does this calculator account for taxes?
No, all amounts shown are gross (before taxes and deductions). Your actual take-home pay will be lower after federal tax, state tax, Social Security, Medicare, and any pre-tax deductions like 401(k) contributions and health insurance premiums. Use our Income Tax Calculator for tax estimates.
How do I calculate my real hourly rate including commute time?
Add your daily commute time to your work hours. For example, if you work 8 hours and commute 1 hour each way, your "true" work day is 10 hours. Divide your daily pay by 10 instead of 8 to get your effective hourly rate. This is useful for evaluating remote work opportunities.
What is a good salary in the US?
This depends heavily on location and cost of living. The median household income in the US is approximately $75,000. In high-cost cities like San Francisco or New York, $100,000+ may be needed for a comfortable lifestyle, while in lower-cost areas, $50,000-$60,000 can provide a good quality of life. Compare your salary to local cost-of-living benchmarks rather than national averages.
By CalcMaven Editorial TeamLast Updated: February 2026

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