SimpleBudgetPlanner

Budgeting on $18 an Hour

At $18/hour working 40 hours a week, your paycheck gross is $1,440 every two weeks ($37,440/year). After an estimated federal tax and FICA bite, that check comes home at about $1,241$2,689/month, or $32,263/year. A realistic budget at this income puts roughly 74% of that toward needs like housing, transportation, food, and healthcare, per BLS spending data.

Your paycheck: gross vs. take-home

Biweekly paycheck math at $18/hr
Per paycheck (biweekly)MonthlyAnnual
Gross pay$1,440$3,120$37,440
Federal tax + FICA$199$431$5,177
Take-home pay$1,241$2,689$32,263

Assumes 40 hours/week, 52 weeks/year, no overtime, single filer, standard deduction, no state tax. See methodology.

Best and worst state for $18/hour take-home pay

Best vs worst state take-home at $18/hr
StateEffective rateTake-home (annual)
Best casea no-income-tax state (e.g. Texas, Florida, Washington)0.0%$32,263
Worst caseOregon8.3%$29,137

A 50/30/20 budget at $18/hour

50/30/20 split at $18/hr
BucketMonthly $
Needs (50%)$1,344
Wants (30%)$807
Savings (20%)$538

For the full BLS-anchored category breakdown (housing, food, transportation, healthcare, and more) at this income, see the closest salary page: $35k salary budget ($35,000/year is the closest match to $$37,440/year gross at this hourly rate).

Related reading

FAQ

How much do I make a year at $18 an hour?

At $18/hour and a standard 40-hour week (52 weeks/year), gross annual pay is $37,440. Take-home pay after federal tax and FICA is about $32,263/year, or $1,241 per biweekly paycheck.

Is $18 an hour a livable wage?

It depends on where you live and your household size. State taxes alone move annual take-home by up to about $3,126 a year, and realistic needs spending at this income runs about 74% of take-home pay per BLS data — see the budget breakdown above.

Last updated . Figures use current IRS and BLS data — see methodology.