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Time-Money Calculator

So how much time equals how much money?

In 2002, an Economics professor at Warwick University (in England) devised a formula to address exactly that question. It factors in:

  • your hourly wage

  • your tax rate

  • your cost of living

The average-earning Brit's hour was estimated to be worth from $7.10 (women) to $8.99 (men).

So what's your time worth?

Salary Annual: $ per year – OR – Hourly: $ per hour
(Based on 2080 working hours per year)

Tax Info Tax Filing Status:
Income Tax rate : %
(Source: IRS)

Cost of Living
Other: (Nat'l average is Baseline = 100)
(Source: bestplaces.net)

Result Your time is (supposedly) worth $ per hour
(Based on Professor Ian Walker's formula)


 

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