More in Income
What this calculator does
This calculator turns gross side hustle pay into a real hourly rate by subtracting taxes, gas, and unpaid hours.
The math
Total hours = billed hours + unpaid hours. Gas cost = miles ÷ MPG × gas price. Net pay = gross pay × (1 − tax rate) − gas cost. Real hourly rate = net pay ÷ total hours.
Worked example
A $200 gig with 8 billed hours, 4 unpaid hours, 40 miles at 25 MPG and $3.50 gas, and a 25% tax rate has a real hourly rate of about $12.20.
Why this matters
Your salary and your spendable income are not the same number. This calculator shows what you actually keep and what that means for your budget.
Methodology and transparency
This page publishes the exact formula used to compute the result, so you can verify it in a spreadsheet or check the assumptions against your own situation. The worked example uses the tool default inputs; change any number and the result updates live in your browser. No data is sent or stored.
Common questions
Should I include unpaid prep time?
Yes. Commute, prep, and cleanup time are real hours you spend on the gig.
What about wear and tear on my car?
The calculator includes gas. Add a mileage rate to the gas cost if you want to include vehicle depreciation and maintenance.
Is my side hustle worth it?
Compare your real hourly rate to your day job. If it is much lower, the side hustle may not be a good use of time.