Pay Raise Calculator

Enter your current pay and the raise (percent or dollar amount). Instantly see your new salary, the extra money per month and per paycheck, and how the raise compares to inflation.

Check the latest CPI figure and adjust
New annual salary
Raise percentage
Extra per year
Extra per month
Extra per biweekly paycheck
Real raise after inflation

How a raise is calculated

New salary = Current salary × (1 + Raise % ÷ 100)

A 4% raise on $60,000 adds $2,400 per year — $200 per month, or about $92 per biweekly paycheck before taxes.

What is a "real" raise?

A raise only improves your standard of living if it beats inflation. If prices rise 2.7% and your pay rises 3%, your real raise is roughly 0.3%. If your raise is below inflation, your paycheck buys less than last year — a pay cut in disguise. That's why this calculator shows the inflation-adjusted figure.

Typical raise benchmarks (US)

Type of raiseTypical range
Annual cost-of-living / merit raise3–5%
Strong performance raise5–8%
Promotion10–20%
Switching employers10–25%+

Use these numbers when negotiating: if you're offered 3% while carrying a bigger role, the promotion row is your benchmark, not the cost-of-living row.

Frequently asked questions

How much is a 4% raise on $60,000?

A 4% raise on $60,000 is $2,400 more per year, bringing the new salary to $62,400. That is $200 extra per month, or about $92 per biweekly paycheck before taxes.

What is a good raise in 2026?

Typical merit raises run 3–5%. Anything at or below the inflation rate is flat or negative in real terms. Promotions typically bring 10–20%, and changing employers often brings the largest jump.

Why does my paycheck grow less than the raise?

Raises are quoted in gross pay. Taxes take a percentage of the extra income, so a $200/month gross raise may add roughly $140–170 to your take-home pay depending on your bracket.

Does a raise change my tax bracket on all my income?

No. US tax brackets are marginal: only the income that falls inside a higher bracket is taxed at the higher rate. A raise never reduces your total take-home pay.

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Last updated: 2026-07-07