To calculate how much an hourly rate amounts to per month, you need to know:
- Your hourly wage.
- The number of hours you work per week.
- How many weeks you work per month (usually about 4.33 weeks per month on average).
Formula:
Monthly Income = Hourly Rate × Hours per Week × 4.33
Example Calculation
- Hourly rate: $15/hour
- Hours per week: 40
Monthly income = $15 × 40 × 4.33 = $2,598
Summary
If you provide your hourly wage and average weekly hours, I can calculate your approximate monthly earnings!
