$20 an Hour Is How Much a Year?

Is $20/hr good?

This rate is 175.86% above the US federal minimum wage ($7.25/hr). Your local cost of living can change how far this goes.

Assumptions and tips for $20/hr

The conversion above assumes a steady schedule of 40 hours per week for 52 weeks per year. That is 2080 working hours annually.

• If you take unpaid time off, reduce weeks per year in the calculator to match how many weeks you actually work.
• If you work overtime, calculate regular hours at $20/hr and overtime hours at your premium rate (often 1.5x), then combine them for a more accurate weekly or yearly estimate.
• Monthly pay shown here is an average (yearly / 12). Your actual paychecks depend on whether you are paid weekly, bi-weekly, semi-monthly, or monthly.

Try Custom Settings

Change hours per week and weeks per year to match your exact schedule.