Salary Raise Percentage Calculator
Enter your current pay and either your new pay or a raise percentage to instantly see the increase.
| Raise amount (year) | |
| New salary | |
| Extra per month |
How to calculate a raise percentage
The formula is simple: subtract your old salary from your new salary, divide by your old salary, then multiply by 100.
Raise % = (New − Old) ÷ Old × 100. For example, going from $55,000 to $60,000 is (60000 − 55000) ÷ 55000 × 100 = 9.09%.
Is a 3% raise good?
Whether a raise keeps up with your cost of living depends on inflation. If prices rose 4% and your raise is 3%, your real (inflation-adjusted) pay actually fell. Compare your raise percentage to the current inflation rate to see if you came out ahead.
Frequently asked questions
How do I calculate the percentage of my raise?
Subtract your old salary from your new salary, divide the result by your old salary, and multiply by 100. Example: ($60,000 − $55,000) ÷ $55,000 × 100 = 9.09%.
How much is a 5% raise on $50,000?
A 5% raise on $50,000 is $2,500 per year, bringing your new salary to $52,500 — about $208 more per month before taxes.
Does this show take-home pay after tax?
No. This calculator shows the gross raise. Your actual take-home increase will be lower after income tax and other deductions.