This raise calculator shows your new salary after a pay raise, or the raise percentage if you know your new salary. It breaks the increase down per paycheck and per month, and shows your real raise after inflation.
Raise formulas
New salary = current salary × (1 + raise %)
Raise % = (new salary ÷ current salary − 1) × 100
Real raise = (1 + raise %) ÷ (1 + inflation %) − 1
Worked example
A 4% raise on a $60,000 salary takes it to $62,400, an extra $2,400 a year or about $92.31 per biweekly paycheck before tax. With 3% inflation, the real raise is about 0.97%.
Is my raise good?
A raise only increases your buying power if it is higher than inflation. Compare your raise with the latest inflation figure, your company’s typical raise budget and pay for similar roles. Changing jobs or getting a promotion often brings a bigger increase than a yearly raise.
Tips for asking for a raise
- Research pay for your role, experience and location.
- List specific results you have delivered and new responsibilities.
- Ask at the right time, such as before budgets are set or after a strong review.
Frequently asked questions
How do I calculate a percentage raise?
Divide your new salary by your old salary, subtract 1 and multiply by 100. A raise from $50,000 to $52,500 is 5%.
How much will a raise increase my take-home pay?
Less than the raise itself, because income tax and payroll taxes apply to the extra pay at your marginal rate. Use the paycheck calculator to see the exact change.
What is a real raise?
Your raise adjusted for inflation. It shows whether you can actually buy more than before.
Can a raise push me into a higher tax bracket and reduce my pay?
No. Only the income above a bracket threshold is taxed at the higher rate, so a raise always increases take-home pay.
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Sources
Last reviewed: October 2026. For information only; not financial, tax or legal advice.