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$1 an Hour is $2,080 a Year

Gross Annual Pay$2,080
After Tax (Estimate)$1,817~$0.87/hour take-home
Based on 40 hours/week × 52 weeks/year

Salary Breakdown for $1/Hour

Time PeriodHoursGross PayFederal Tax*State Tax*FICANet Pay
Hourly1$1.00----
Daily8$8.00$0.00$0.40$0.61$6.99
Weekly40$40.00$0.00$2.00$3.06$34.94
Bi-Weekly80$80.00$0.00$4.00$6.12$69.88
Monthly173.33$173.33$0.00$8.67$13.26$151.41
Annual2080$2,080$0$104$159.12$1,816.88
*Tax estimates based on single filer, standard deduction, 2025 rates

Compare Similar Hourly Rates

$1/hour$2,080/yearCurrent Rate$2/hour$4,160/year+100.0%$3/hour$6,240/year+200.0%

Overtime Scenarios

Time and a Half (1.5x)$1.50/hour10 hours OT/week: $2,860/year (+38%)
Double Time (2x)$2.00/hour5 hours DT/week: $2,600/year (+25%)

What Can You Afford on $1/Hour?

Housing (28% Rule)
Maximum monthly rent/mortgage: $42
Annual housing budget: $509
Budget Breakdown (50/30/20 Rule)
  • Needs (50%): $908/year ($76/month)
  • Wants (30%): $545/year ($45/month)
  • Savings (20%): $363/year ($30/month)

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