Money per Hour Calculator

Welcome to our money-per-hour calculator!

Do you want to know how much you make an hour? Or are you curious about how much you must earn per hour to reach a particular yearly income goal? Our hourly rate calculator is here to help make the calculation process effortless and give you a clear perspective of your earnings in a granular and understandable manner.

You only need to input one of your salaries (annual, monthly, daily, etc.), and the tool will calculate its hourly money equivalent, assuming a standard workweek of 40 hours and 52 weeks per year.

Remember, this calculator provides a rough estimation and does not account for variables like taxes (use our annual salary calculator for that), benefits, overtime, and others that may affect your actual take-home pay. Nonetheless, it provides a valuable starting point for planning and salary negotiations.

1. The first step in calculating the hourly money is identifying the number of hours you work a week: weekly working hours.
2. Multiply those weekly working hours by the number of weeks you work a year. That'll be the yearly working hours.
   • The number of weekly working hours is usually 40; and
   • The weeks you work a year are usually 52.
3. Finally, calculate money per hour by dividing the annual salary by the previous result (yearly hours).

For example, let's find out how much an hour is $96k a year:

1. Assume 40 weekly working hours;
2. Yearly working hours = 40 hr/week × 52 weeks/yr = 2080 hr/yr;
3. Money per hour = Annual salary/Yearly working hours

⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $96,000/2080 hr
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $46.15/hr

To know how much an hour is 92k a year, it would be the same, but replacing $96,000 with $92,000

Money per hour = Annual salary/Yearly working hours
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $92,000/2080 hr
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $44.23/hr

From the annual salary

Divide the annual salary by the number of hours you work a year.

From the monthly wage

As a year has twelve months, in the formulas above, we can replace the annual salary with $\mathrm{12 \times Monthly\ wage}$.

From the weekly wage

In this case, simply divide the weekly wage by the number of weekly working hours:

Apart from calculating money per hour, you may be interested in other amounts. If that's the case, look at these tools:

• Annual salary per hour calculator
• Annual to monthly salary calculator;
• Hourly wage calculator;
• Monthly income hourly calculator; and
• Rate of pay calculator.

How much you make an hour will depend on your salary, the hours you work a week, and the weeks you work a year.

Below is the table for the hourly money calculated for the most common annual salaries, assuming 40 weekly hours and 52 yearly weeks. For example, to know how much an hour is 102k a year, scroll to than quantity, and see the number to the right ($49.04/hr).

$37.50 per hour, assuming 40 weekly and 52 yearly working weeks.

To calculate how much an hour is 78k a year, simply divide the annual amount by yearly working hours:

Money per hour = Yeary salary÷Yearly working hours
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= Yeary salary÷(Yearly weeks × Weekly hours)
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $78,000÷(52 × 40 hr)
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $78,000÷2080 hr
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $37.5/hr

$42.31 per hour, assuming 40 weekly and 52 yearly working hours.

To calculate how much an hour is 88k a year, we divide the annual amount by yearly working hours:

Money per hour = Yeary salary÷Yearly working hours
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= Yeary salary÷(Yearly weeks × Weekly hours)
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $88,000÷(52 × 40 hr)
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $88,000÷2080 hr
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀= $42.31/hr