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Free calculator · USD

Salary to hourly rate calculator

Working full time (8 hours a day, 5 days a week), $1,000 a month is $5.77 an hour. Multiply a monthly salary by 12 and divide by 2,080 hours. Put in your own pay and hours below; nothing is saved and you do not need an account.

Convert your salary

- USD per hour
Per day-
Per week-
Per month-
Per year-

Hours in a year = days a week x hours a day x 52. Change the days and hours for part-time work.

Monthly salary to hourly rate

Full time, 8 hours a day, 5 days a week (2,080 hours and 260 working days a year).

Per monthPer yearPer dayPer hour
$300 $3,600 $13.85 $1.73
$600 $7,200 $27.69 $3.46
$1,000 $12,000 $46.15 $5.77
$2,000 $24,000 $92.31 $11.54
$4,000 $48,000 $185 $23.08
$8,000 $96,000 $369 $46.15

How the calculation works

  1. Yearly pay. Monthly pay x 12, weekly pay x 52, or daily pay x days a week x 52.
  2. Hours in a year. Days a week x hours a day x 52. Full time is 2,080.
  3. Hourly rate. Yearly pay / hours in a year.
  4. Daily rate. Yearly pay / (days a week x 52).

Paid holidays are included in the hours on purpose: a salary pays for them, so they belong in the hourly figure. If you want the rate for hours you actually work, take your leave days off the 52 weeks.

What freelancers charge

Freelancers on WorkOfficially set between $25 and $3200 an hour, averaging $338.

From 11 members' own rates, not a survey. A freelance rate also has to cover unpaid time and costs an employer would carry.

Rates by skill

Thinking of going freelance?

Your salary's hourly figure is not your freelance rate. Work out a rate that covers your costs and the hours you cannot bill.

Freelance rate calculator
FAQ

Frequently asked questions

How do I convert a monthly salary to an hourly rate?

Multiply the monthly salary by 12 to get the yearly figure, then divide by the hours you work in a year. Full time at 8 hours a day, 5 days a week is 2,080 hours a year, so $1,000 a month is $12,000 a year and $5.77 an hour.

How do I work out a daily rate from a salary?

Divide the yearly salary by the days you work in a year. Five days a week for 52 weeks is 260 days, so $1,000 a month is $46.15 a day.

Should a freelancer charge the same hourly rate as an employee earns?

No. An employee is paid for holidays, sick days and time between tasks, and the employer covers equipment, software and often insurance and pension. A freelancer pays for all of that and can usually bill only part of their working week, so a freelance rate is normally well above the salary-equivalent hourly figure. The freelance rate calculator works out the number from your own costs.