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Real Hourly Wage Calculator for Calculating Your Net Income Per Hour

Calculator Preferences
Real Hourly Wage Calculator Sign
Real Hourly Wage Calculator

Your life is a business just like any other business. And as such, your true net income (profit) from selling one hour of your time, skills and abilities to others is what's left after accounting for all work-related time and expenses. This calculator will not only open your eyes to what your real hourly wage is, but it will also help you to compare the work-related costs and expenses of one prospective job offer with another. The $ecret tab includes:

  • Why your life IS a business.
  • The benefits of knowing your RHW.
Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Take Home Pay
Take-home:Take-home pay:Take-home pay per period:Take-home pay per pay period:

Take-home pay per pay period:

Enter your take-home pay per pay period. Be sure to add back any withheld funds that will be returned to you later (retirement withholdings, etc), as well as any expenses your employer is paying on your behalf (health insurance, etc.).

Pay period:Pay period:Pay period interval:Pay period interval:

Pay period interval:

Select your pay period interval from the pull down menu. Note that bi-weekly means you get paid every two weeks, whereas semi-monthly means you get paid twice per month.

Time Allocated to Work
Days/prd:Days per period:Workdays per period:Number of workdays per pay period:

Number of workdays per pay period:

Enter the average number of days you work per pay period.

Pd hrs/day:Paid hours/day:Paid hours per day:Number of paid work-hours per workday:

Number of paid work-hours per workday:

Enter the number of hours you are actually paid for per workday. If you work from 8-5, with a half-hour, unpaid break for lunch, you would enter 8.5. Be sure to include any consistent overtime hours as well.

Unpd mins:Unpaid minutes:Unpaid minutes per workday:Minutes of unpaid breaks per workday:

Minutes of unpaid breaks per workday:

Enter the average number of minutes of unpaid breaks per workday. If you usually arrive early for work, be sure to include those minutes as well.

Travel mins:Travel minutes:Commute minutes per workday:Minutes of commute time per workday:

Minutes of commute time per workday:

Enter the number of minutes you spend commuting to and from work per workday.

Prep mins:Prep minutes:Minutes preparing for work:Minutes getting ready for work per workday:

Minutes spent getting ready for work per workday:

Enter the number of minutes you spend getting ready for work each workday. Also include any minutes spent unwinding/changing once you get home from work.

Unreimbursed ExpensesUnreimbursed ExpensesUnreimbursed, Work-Related ExpensesUnreimbursed, Work-Related Expenses
Miles/day:Miles/workday:Work miles per workday:Miles you drive your car per workday:

Number of miles you drive your car per workday:

Enter the average number of work-related miles you drive your own car per workday. Be sure to include any miles driven to and from lunch. The calculator will calculate your cost at 55-cents per mile.

Fares/day:Fares/workday:Fares, fees and tolls:Fares, fees, tolls per workday:

Other transportation costs per workday:

Enter any other work-related transportation costs per workday, such as fares, parking fees and tolls.

Sitter/prd:Daycare/period:Daycare expenses per pay period:Your share of daycare expenses per pay period:

Your share of daycare expenses per pay period:

Enter your share of daycare costs per pay period if both spouses work. Or, enter the entire daycare cost if you are single or if quitting work would mean you would have no daycare costs.

Dine/day:Dine/workday:Dining out per workday:Dining out expense per workday:

Dining out expense per workday:

Enter the average amount you spend on work-related dining-out per workday. Be sure to include the tips! The calculator will compute costs at 66% of the total (average restaurant mark-up).

Cloth/mon:Clothes/month:Clothing expenses per month:Unreimbursed clothing expenses per month:

Unreimbursed clothing expenses per month:

Enter the average amount spent on non-reimbursed, work-related clothing per month. Be sure to include any dry-cleaning costs that might apply.

Dues/prd:Dues/period:Union dues per period:Union dues per pay period:

Union dues per pay period:

Enter any union or professional dues that you must pay per pay period to maintain your employment.

Gifts/month:Gifts/month:Office gifts per month:Office gifts per month:

Office gifts per month:

Enter the average amount you spend each month on work-related gifts, office parties, etc..

Monthly net:Monthly net pay:Monthly take home pay:Monthly take home pay:

Monthly take home:

This is your calculated monthly take-home pay.

$0.00
Month exp:Monthly exp:Monthly work expenses:Monthly work-related expenses:

Monthly work-related expenses:

This is the calculated total of all of your monthly work-related expenses.

$0.00
Profit:Monthly profit:Monthly net-profit:Monthly net-profit:

Monthly net-profit:

This is the what is left after subtracting your monthly work-related expenses from your monthly take-home pay.

$0.00
Month hrs:Monthly hours:Monthly work-related hours:Monthly work-related hours:

Monthly work-related hours:

This is the calculated total number of hours you are allocating to work on a monthly basis.

0
Profit/hr:Profit per hour:Real hourly wage:Real hourly wage:

Real hourly wage:

This is result of dividing your monthly net profit by the number of hours you are allocating to work each month.

$0.00
Purchase price:
Work Time Allocation Required
Hours:0
Work days:0
Work weeks:0
Work months:0
Work years:0

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Feedback AppreciatedFeedback Greatly AppreciatedYour Feedback Would Be Greatly AppreciatedYour Feedback Is Greatly Appreciated
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Tip

Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.

 

Favorites

Add or remove this page to/from my favorites.

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.