Finance

Hourly Rate From Salary Calculator

Convert a salary into a true hourly rate.

Enter your values

ⓘ Live results

Results
True hourly rate
$34.72
Including commute time
$31.03
Hours worked per year
2,016
Daily rate (8 h)
$277.78

Working

  1. 1$70,000.00 / 2,016 h = $34.72

Quick answer

Your true hourly rate is annual salary divided by the hours you actually work, including unpaid overtime.

hourly = salary / (weeks worked x hours per week)

How to use the Hourly Rate From Salary Calculator

  1. 1Enter your salary and the hours you genuinely work each week.
  2. 2Subtract holiday and leave to get weeks worked.
  3. 3Add commute hours to see the real cost of the job.

Worked example

Using the values the calculator loads with:

Inputs

  • Annual salary70000 $
  • Hours per week42
  • Weeks worked per year48
  • Unpaid commute per week5 h

Results

  • True hourly rate$34.72
  • Including commute time$31.03
  • Hours worked per year2,016
  • Daily rate (8 h)$277.78
  1. $70,000.00 / 2,016 h = $34.72

Frequently asked questions

Why not use 2,080 hours?

That assumes exactly 40 hours for 52 weeks with no overtime and no leave — rarely true.

Useful for freelancing?

Yes. Add 30-40% to cover self-employment tax, downtime and benefits.

About this calculator

Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.