Tools Your Real Hourly Wage
What are you really paid for each hour of your life?
Your paycheck pays for your scheduled hours. Your job takes more: the commute, the unpaid evenings, the time spent getting ready and winding down, and the money it costs to show up. Add those back in to find your real hourly wage, and what a purchase really costs in time.
Your result
What to focus on next
How this calculator works
Real hourly wage = (take-home pay − work costs) ÷ all hours work takes
The idea comes from Your Money or Your Life by Vicki Robin and Joe Dominguez. Your paid wage divides your pay by your scheduled hours. Your real wage subtracts what it costs to work, then divides by every hour the job takes: paid hours, the commute, unpaid work, and the time spent getting ready and recovering.
Dividing a price by your real wage turns money into life energy: the hours of your life a purchase really costs. Nothing here says to quit your job. A shorter commute, a remote day, or fewer after-hours emails can raise your real wage as much as a raise would.
Words you’ll see
- Real hourly wage
- What you actually keep for each hour your job takes from your life, after work costs and unpaid time.
- Take-home pay
- Your pay after taxes and payroll deductions.
- Hidden hours
- Time a job takes that it doesn’t pay for: commuting, unpaid work, getting ready, and winding down.
- Life energy
- The hours of your life you trade for money. Pricing purchases in hours makes that trade visible.