$45,000 a Year Is How Much An Hour? Is $45k a Good Salary?

If you make an annual salary of $45,000, that means you make roughly $21.63 per hour. ๐ŸŒž

Whether you can live comfortably on $45k a year depends largely on where you live, the cost of living in that area, and your lifestyle ๐Ÿ’ต.

$45,000 a year is how much an hour?

For comparison, we need to convert the amount from a yearly to an hourly basis. Since the average working hours are 40 hours a week, weโ€™ll take that as the basis of our calculation. ๐Ÿงฎ๐Ÿ’ป

Hereโ€™s the division of the income on a monthly, weekly, daily, and hourly basis:

  • $45,000 a year is: ($45,000/12) = $3750 a month ๐Ÿ“†
  • $45,000 a year is: (3750/2) = $1875 a fortnight
  • $45,000 a year is: ($45,000/52 weeks) = $865 a week
  • $45,000 a year is: ($45,000/260 working days) = $173 a day๐ŸŒž
  • $45,000 a year is: ($45,000/2080) = $21.63 an hourโณ

However, note that this is the gross income, i.e., the amount you make before deducting taxes, insurance, and other deductibles. ๐Ÿ˜‘โž•โž–

The actual amount you will take home in your pocket would be lesser than this. ๐Ÿค‘๐Ÿ’ฐโœ… 

You can expect to pay several types of taxes, such as income tax, Medicare and Social Security taxes, state income taxes, and more. ๐Ÿ’ณโœ”๏ธYou can use a paycheck calculator to help you determine your net pay (take-home pay). ๐Ÿค“๐Ÿงฎ

How you can make more money if $45,000 is not enough 

If you feel $45,000 is not enough to make ends meet after deducting all the desirable expenses, you can consider any of the following options:

  • Take up a side job or freelance work. If you have skills in web design, writing, editing, or coding, you can easily find work online on sites like Fiverr or Upwork. ๐Ÿ’ป
  • Take advantage of tax deductions or government programs. Several government programs and tax deductions could help you save money, thus allowing you to make more money. ๐Ÿ’ณ
  • Ask the employer for a promotion๐Ÿ†๐Ÿ†
  • Find work or ways to earn from online jobs๐Ÿ’ป๐Ÿ’ป

Speaking of online jobs, did you know you can make some solid bucks just via your phone or laptop while sitting at home?๐Ÿช‘๐Ÿ’†

Here are some options. ๐ŸŒ๐Ÿ’ธ

1. Taking surveys โœ๏ธ๐Ÿ“ƒ

You can make extra money a year by taking surveys. Survey companies offer market research by asking people to take online or phone surveys.

 While the pay may not be much, it can add up over time if you take multiple surveys. You can also find survey sites that offer rewards such as gift cards and cash for taking the surveys. ๐Ÿ’ณ

The amount you earn depends on the type and length of the survey. Many surveys offer just a few cents, while some can pay several dollars. ๐Ÿ’ต You can easily earn an extra $50 to $100 per month by taking these surveys in your free time. ๐Ÿค‘๐Ÿค‘

The more time you spend on the site, the more surveys you take, and the more chances you can maximize your earnings.๐Ÿ‘๐Ÿ†

Here are the top three sites to earn some passive income on the go.๐Ÿ’ธ๐Ÿ’ธ


InboxDollars is a great platform to earn cash simply by taking surveys, playing games, watching videos, participating in polls, etc. You will find available surveys on various topics like sports, technology, politics, electronics, etc. ๐Ÿ”Œ๐Ÿƒ

You can redeem your rewards through check or gift cards. ๐Ÿ’ณ๐Ÿงพ

It takes 5 to 30 minutes to complete each survey (depending on the complexity.) You can earn between $0.50 to $5 for each survey you take on the site. Then, you can encash or redeem your earnings via Paypal, prepaid visa card, gift card, and check.๐Ÿง๐ŸŽ


Another top-rated platform for taking surveys, playing games, and making money on the go by being part of such effortless and fun activities is Swagbucks. .๐Ÿช

You can redeem your earnings through PayPal, gift cards on amazon, visa rewards, and Payoneer.๐Ÿ’ณ๐Ÿ’ธ๐Ÿ’

Survey Junkie๐Ÿ“ƒโœ๏ธ

With over 11 million users today, Survey Junkie stands out as a platform for earning rewards and easily making hard cash on the go.๐Ÿ“ฑ๐Ÿ“ฑ

Survey Junkie is a reputable and popular platform for taking surveys online and earning money. This website pays you points for completing surveys which can be redeemed for cash. ๐Ÿค‘๐Ÿ‘

Another way to make the most of the app is via Survey Pulse. That gives you access to more surveys than an average user. All these surveys are sent to you based on your demographics, interests, shopping habits, and ads or websites you view regularly.๐ŸŒ๐ŸŒ

2. Playing games๐ŸŽฎ๐Ÿ•น๏ธ

A fun and relaxing way to earn money is by playing games!

Nowadays, there are several websites that offer cash rewards for playing games. You can also play for free on some sites and earn additional points that you can redeem for prizes or gift cards. ๐Ÿ“ฆ๐ŸŽSome of the most popular game apps include Swagbucks, SecondLife, Zynga, and WorldWinner. 

You can also try other apps such as InboxDollars or Swagbucks that let you play games in exchange for rewards. 

Bingo Cash

Bingo Cash is one platform where you can earn money to play games with other users worldwide and win cash and prizes. The key features of the app are:๐Ÿ’ต

You can earn as much as $1 for installing the app and creating your profile and up to $50 for achieving a level in 45 days. It all depends on how much time you invest in the app.๐ŸŽ๐Ÿ’ต


At Swagbucks, you earn SB, a virtual currency, for every task you finish. ๐ŸŽฎ๐Ÿ•น๏ธ

Swagbucks partners with GSN (Game Show Network) to enable avid gamers to play games and make purchases while earning Sb on the platform.๐Ÿ’ฒ๐Ÿ’ต

Plus, your SB can be exchanged for gift cards to your favorite stores, including Amazon, Target, Walmart and Starbucks. ๐ŸŽ๐Ÿ’ณYou can also redeem your Sb for PayPal cash or enter sweepstakes for a chance to win additional rewards.๐Ÿค‘๐Ÿ˜ƒ 

3. Browsing the web โ€“ Earn free BAT crypto๐Ÿค‘๐Ÿ’ฒ

You can also earn cryptocurrency by installing and using browsers like โ€˜Braveโ€™ as your default browser for web searches, emails, etc.๐ŸŒ๐ŸŒ

The browser has a built-in reward system that rewards users with โ€˜Basic Attention Tokensโ€™ (BAT) for using their service.๐Ÿ‘›๐Ÿ’ฒ 

You can then use the BAT tokens to buy other cryptocurrencies or just hold on to them as an investment. In addition, you can also earn cryptocurrency by buying and selling items online in certain marketplaces such as OpenBazaar and OpenSea. ๐Ÿ›’๐Ÿ“ฆ 

The earnings are stored in your Brave wallet and can be redeemed as gift cards. You can also trade them as a cryptocurrency or use them for purchases.๐Ÿ‘›๐Ÿ’ฒ

4. Reading emails๐Ÿ“–๐Ÿ“จ

Did you know you can earn money by reading emails? 

Youโ€™ll have to sign up with a few websites that pay you to read emails. Then all you have to do is read the email and click on the link provided in it. ๐Ÿ“ง Once youโ€™ve done that, youโ€™ll get rewarded with cash or gift cards depending on the website. 

Websites like Inbox Dollars, Inbox Pays, and Branded Surveys, amongst the list of other activities and potential for earning money on the go, also pay users to read emails they send.๐ŸŒ๐Ÿ“จ

Usually, these emails include information about branded products and services and, sometimes, offer special discounts or offers for users.๐ŸŽ๐ŸŽ

Is $45,000 a year a good salary?๐Ÿค”๐Ÿค”

If you earn $45,000 a year before taxes, then you are making approximately $3,750 per month. Depending on your lifestyle and financial goals, this salary can be considered good or bad. It is important to note that the cost of living in different areas will have an impact on how much money you need to make to achieve financial stability.โœ…โœ…

$45,000 a year is how much after taxes?๐Ÿ“Ÿ๐Ÿฅต

Since we already calculated $45,000 a year is how much an hour, we know the gross income. But thatโ€™s not the amount of money that reaches your account. There will be specific deductibles and taxes that apply.๐Ÿง๐Ÿ’ฐ

The tax rate depends on many factors, such as your state and filing status. Generally speaking, the average tax rate for someone making $45,000 a year is around 25%. This means that after taxes, you will take home around $33,750 per year or $2,812 a month.๐Ÿ‘๐Ÿค

However, the state laws vary for each state. Smaller states have low state taxes, and big states like New York City have higher state taxes. 

Click here to know the percentages of taxes applicable across all the states of the US.๐Ÿค”๐Ÿ—ฝ

Tips to living on $45,000 a yearโœ…๐Ÿค”

Here are some tips for making the most of $45,000  a year:๐Ÿ’ธ๐Ÿ’ฒ

  • Limit dine-outs and make home meals when possible.๐Ÿฅช๐ŸŒฎ
  • Carpool with friends or neighbors to save up on fuel and travel expenses.โ›ฝ๐Ÿš•
  • Pay off any pending debts๐Ÿง๐Ÿฆ
  • You can also look into using coupons. ๐Ÿ“ƒ๐Ÿ“„
  • Donโ€™t forget to budget and track your expenses. ๐Ÿ“Š๐Ÿ’ฐ
  • Save up for any emergency funds and invest in a retirement plan. ๐Ÿ’ฐ๐Ÿค
  • Shop around for different types of insurance policies to make sure youโ€™re getting the best deal. ๐Ÿ›ก๏ธ๐Ÿ“
  • Look into options that can help reduce taxes, such as 401k plans. ๐Ÿ’ต๐Ÿค
  • Save up for your future and look into different types of investments that can help you make the most of your money. ๐Ÿ“ˆ๐Ÿค

Final words๐Ÿค”๐Ÿง

$45,000 a year is a good income, and you can make the most out of it by following these tips. ๐Ÿค—๐Ÿค

It is important to remember that being smart about money doesnโ€™t mean sacrificing all your wants; find a good balance between what you need and want, so that you can live comfortably without overspending or putting yourself in debt. โœ”

You can plan a budget, save for the future and make sure your needs are met with this salary. Be aware of all the possible taxes that apply to you to know the exact amount of money that will reach your bank account.๐Ÿค‘โž•

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