100% = full-time, 75% = part-time 30 hrs/week
Enter monthly salary to see the result
Exact formula:
Hourly rate = (monthly salary × 12) / (weekly hours × 52 − vacation days × weekly hours / 5)
Simple formula:
Hourly rate ≈ monthly salary / 173.33
Reference Table: Hourly Rate to Salary
Based on 173.33 hours per month (full-time, 40 hrs/week)
| Hourly Rate | Monthly Salary | Annual Salary |
|---|---|---|
| $15/hr | $2,600 | $31,200 |
| $20/hr | $3,467 | $41,600 |
| $25/hr | $4,333 | $52,000 |
| $30/hr | $5,200 | $62,400 |
| $35/hr | $6,067 | $72,800 |
| $40/hr | $6,933 | $83,200 |
| $50/hr | $8,667 | $104,000 |
| $60/hr | $10,400 | $124,800 |
| $75/hr | $13,000 | $156,000 |
| $100/hr | $17,333 | $208,000 |
| $125/hr | $21,666 | $260,000 |
| $150/hr | $26,000 | $312,000 |
Formula: monthly salary = hourly rate × 173.33. Annual salary = hourly rate × 2080.
How to calculate your hourly rate from salary
Whether you're comparing job offers, negotiating a raise, freelancing, or calculating overtime pay, knowing your hourly rate is essential. Our calculator makes it easy to convert between monthly salary and hourly pay.
The simplest method is to divide your monthly salary by the average number of working hours per month. For a standard 40-hour work week in the US, that's 173.33 hours (40 × 52 / 12).
Example: If you earn $5,000/month, your hourly rate is $5,000 / 173.33 = $28.85/hour.
Our calculator also shows an exact result based on your specific working hours and vacation days, which can give a more precise answer. Want to calculate the difference between two clock times instead? Try our time calculator.
The formula: monthly salary to hourly rate
Simple formula: Monthly salary / 173.33 = hourly rate. This assumes a standard 40-hour week with no vacation adjustment.
Exact formula: Hourly rate = (monthly salary × 12) / (weekly hours × 52 − vacation days × weekly hours / 5). This accounts for paid time off and gives a more accurate result.
The simple formula works well for quick estimates. The exact formula is better when you have significant vacation time or work non-standard hours. Below the calculator you'll find a reference table showing hourly rates, monthly salaries, and annual salaries for common pay levels.
Overtime rules
In the United States, the Fair Labor Standards Act (FLSA) requires that non-exempt employees receive overtime pay at 1.5 times their regular rate for any hours worked beyond 40 in a workweek.
Example: With an hourly rate of $25 and 5 hours of overtime: $25 × 1.5 × 5 = $187.50 in overtime pay. Need to track your work hours for the whole week? Our time card calculator automatically calculates overtime based on your entered times.
Rules differ by country. In the UK there is no statutory overtime rate — it depends on your employment contract. In Australia, the Fair Work Act sets overtime at 1.5× for the first 2 hours and 2× after that. In New Zealand, overtime rates are set by individual employment agreements.
Some US states have additional overtime rules. For example, California requires daily overtime (1.5× after 8 hours in a day, 2× after 12 hours). Always check your local laws and employment contract.
Common hourly rates in the US
Here are approximate hourly rates for some common occupations in the United States (based on median wages):
| Occupation | Approx. Hourly Rate |
|---|---|
| Retail / Cashier | $13–$17 |
| Food Service / Restaurant | $12–$18 |
| Administrative Assistant | $18–$25 |
| Teacher (K–12) | $25–$40 |
| Registered Nurse | $35–$55 |
| Electrician | $25–$40 |
| Software Developer | $45–$80 |
| Accountant / CPA | $30–$50 |
| Construction Worker | $18–$30 |
| Physician | $80–$150+ |
Figures are approximate and vary by experience, location, and employer.