Office / Pay

Salary Raise Calculator: New Salary and Real Raise After Inflation

Work out your new salary from a raise in percent, or the raise from your new salary, and see what it is worth after inflation, with the change per month and the new hourly rate.

Salary Raise Calculator: New Salary and Real Raise After Inflation: The real raise is (1 + raise) ÷ (1 + inflation) − 1. A 6% raise on 50,000 is 3,000 more, 53,000 a year; with 4% inflation the real raise is about 1.92%. A 2% raise with 3% inflation is a real cut of about 0.97%. Hourly pay assumes 52 working weeks. Runs 100% locally in your browser with zero server file uploads.

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New salary53,000.00+3,000 a year
Raise+6%
Real raise after inflation+1.92%your pay buys more than before
A month4,416.67250.00 more
An hour25.48at 40 hours a week, 52 weeks

The real raise is what is left after prices rise: (1 + raise) ÷ (1 + inflation) − 1. A 6% raise with 4% inflation is a real raise of about 1.9%, and a 2% raise with 3% inflation is a real cut of about 1%. Use your country's consumer price inflation over the same twelve months. Amounts are before tax.

Asking for a raise

Compare your new real salary with what similar roles pay, and remember that raises compound: 3% a year for ten years adds about 34%.

Hourly work

To total the hours you actually worked in a week, use the work hours calculator.

How to use it

  1. Enter your current yearly salary and the raise or the new salary.
  2. Enter inflation over the year and your weekly hours.
  3. Read the new salary and the real raise.

Privacy & limitations

Everything is calculated in your browser.

Related tools

Frequently asked questions

Why subtract inflation?

Because prices rise too: a raise below inflation buys less than last year's salary did, even though the number is bigger.

Which inflation figure should I use?

Your country's consumer price index change over the same twelve months as the raise, published by the national statistics office.

Is this before or after tax?

Before tax; with progressive income tax, the part of a raise you keep can be smaller than the raise itself.

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