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REAL WAGE CALCULATOR calculaterealwages.com e South Dakota Real Wage Calculator See how your job opons stack up by comparing salaries in up to three different locaons. Visit calculaterealwages.com and follow the steps below: Enter your esmated gross wages - the total dollar amount you will make in one year. For example, if you make $14.25/hr., mulply that by 40 (hours per week) and then mulply that number by 52 (weeks in a year). It won’t be exact because of things like unpaid me off and overme, but it will get you close enough so you can compare locaons! Choose up to three locaons Click “Calculate” For more informaon, contact the South Dakota Governor’s Office of Economic Development at 605-773-3301 or visit sdreadytowork.com. “What is the Real Wage Calculator designed to do?” 1 2 3 State income taxes are different for each state. Some states, like South Dakota, don’t have any, so you keep more of the money you make. In general, taxes can range from 7.65% to more than 40% of your paycheck (yes, almost half). The money you take home affects how much you can spend on housing, travel, vehicles, and more! The true measure of how well your job pays for your skills is not your gross pay; rather it is how much you can buy with your wages aſter the government takes its share. The Real Wage Calculator is designed to calculate the purchasing power of wages, aſter federal income tax, state income tax, and social security taxes are withheld. Your aſter tax wages are then adjusted by a specific city or region’s cost of living to determine your purchasing power. The calculator allows you to compare job offers to see which job really pays the best. FORMULA (Hourly wage x 40) x 52 = Esmated Gross wages Where do you want to live? Where do you live now? Consider South Dakota!

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REAL WAGE CALCULATORcalculaterealwages.com

The South Dakota Real Wage Calculator

See how your job options stack up by comparing salaries in up to three different locations. Visit calculaterealwages.com and follow the steps below:

Enter your estimated gross wages - the total dollar amount you will make in one year. For example, if you make $14.25/hr., multiply that by 40 (hours per week) and then multiply that number by 52 (weeks in a year). It won’t be exact because of things like unpaid time off and overtime, but it will get you close enough so you can compare locations!

Choose up to three locations

Click “Calculate”

For more information, contact the South Dakota Governor’s Office of Economic Development at 605-773-3301 or visit sdreadytowork.com.

“What is the Real

Wage Calculator

designed to do?”1

2

3

State income taxes are different for each state. Some states, like South Dakota, don’t have any, so you keep more of the money you make. In general, taxes can range from 7.65% to more than 40% of your paycheck (yes, almost half). The money you take home affects how much you can spend on housing, travel, vehicles, and more!

The true measure of how well your job pays for your skills is not your gross pay; rather it is how much you can buy with your wages after the government takes its share. The Real Wage Calculator is designed to calculate the purchasing power of wages, after federal income tax, state income tax, and social security taxes are withheld. Your after tax wages are then adjusted by a specific city or region’s cost of living to determine your purchasing power. The calculator allows you to compare job offers to see which job really pays the best.

FORMULA(Hourly wage x 40) x 52 = Estimated Gross wages

Where do you want to live? Where do you live now?

Consider South Dakota!