📈 Raise Calculator
Find your new pay after a raise — by percentage or dollar amount.
How This Is Calculated
By percentage: New Pay = Current Pay × (1 + Raise% ÷ 100). By dollar amount: the equivalent percentage is calculated as Raise Amount ÷ Current Pay × 100. Enter any pay period (hourly, weekly, monthly, or annual) — the math works the same way.
Frequently Asked Questions
What is a typical annual raise percentage?
Standard cost-of-living raises typically range from 2-4% per year, while merit-based or promotion raises
can be significantly higher (5-15% or more), depending on industry and performance.
Guide: understanding your result
- Raise % = (new pay − old pay) ÷ old pay × 100.
- A raise smaller than inflation reduces purchasing power — compare it with the inflation calculator.
- Taxes apply to the increase, so take-home pay rises by less than the gross raise.
Worked example
Going from $62,000 to $65,500 is a raise of $3,500, or 5.6%. If inflation over the same year was 3%, the real (inflation-adjusted) increase is about 2.6%.
What common raises add before taxes
| Current salary | 3% raise | 5% raise | 10% raise |
|---|---|---|---|
| $50,000 | +$1,500/yr (+$125/mo) | +$2,500/yr (+$208/mo) | +$5,000/yr (+$417/mo) |
| $75,000 | +$2,250/yr (+$188/mo) | +$3,750/yr (+$313/mo) | +$7,500/yr (+$625/mo) |
| $100,000 | +$3,000/yr (+$250/mo) | +$5,000/yr (+$417/mo) | +$10,000/yr (+$833/mo) |
Common mistakes to avoid
- Comparing gross raises without considering taxes or benefit cost changes.
- Ignoring inflation when judging the size of a raise.
Official sources
Examples are calculated live from the same data the calculator uses and are for education only — they are not financial, tax or investment advice.
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