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$18 an Hour is $37,440 a Year

Gross Annual Pay$37,440
After Tax (Estimate)$29,963~$14.41/hour take-home
Based on 40 hours/week × 52 weeks/year

Salary Breakdown for $18/Hour

Time PeriodHoursGross PayFederal Tax*State Tax*FICANet Pay
Hourly1$18.00----
Daily8$144.00$10.54$7.20$11.02$115.24
Weekly40$720.00$52.71$36.00$55.08$576.21
Bi-Weekly80$1440.00$105.42$72.00$110.16$1152.42
Monthly173.33$3120.00$228.40$156.00$238.68$2496.92
Annual2080$37,440$2,740.8$1,872$2,864.16$29,963.04
*Tax estimates based on single filer, standard deduction, 2025 rates

Compare Similar Hourly Rates

$16/hour$33,280/year-11.1%$17/hour$35,360/year-5.6%$18/hour$37,440/yearCurrent Rate$19/hour$39,520/year+5.6%$20/hour$41,600/year+11.1%

Overtime Scenarios

Time and a Half (1.5x)$27.00/hour10 hours OT/week: $51,480/year (+38%)
Double Time (2x)$36.00/hour5 hours DT/week: $46,800/year (+25%)

What Can You Afford on $18/Hour?

Housing (28% Rule)
Maximum monthly rent/mortgage: $699
Annual housing budget: $8,390
Budget Breakdown (50/30/20 Rule)
  • Needs (50%): $14,982/year ($1,248/month)
  • Wants (30%): $8,989/year ($749/month)
  • Savings (20%): $5,993/year ($499/month)

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