$20 an hour is how much a year?
At 40 hours a week, $20 an hour is $41,600 a year before tax, or about $32,778 to $34,997 a year after tax, depending on the province.
Fewer if you take unpaid time off
Paid at 1.5× your rate
Yearly salary, before tax
$41,600
40 hours a week × 52 weeks
Take-home pay after tax
$34,011a year · $2,834 a month
- Take-home$34,011
- Tax and deductions$7,589
Average tax rate 18.2% · $16.35 an hour after tax
What this means
A raise of $1 an hour adds about $2,080 a year before tax, so small raises add up.
Your pay before tax
| Per hour | $20.00 |
| Per day (5-day week) | $160.00 |
| Per week | $800.00 |
| Every 2 weeks | $1,600.00 |
| Per month | $3,466.67 |
| Per year | $41,600.00 |
After tax (2026)
| Per year | Per month | |
|---|---|---|
| Gross pay | $41,600 | $3,467 |
| Federal income tax | -$2,898 | -$242 |
| Ontario income tax | -$1,296 | -$108 |
| Ontario Health Premium | -$450 | -$38 |
| CPP | -$2,267 | -$189 |
| EI | -$678 | -$57 |
| Take-home pay | $34,011 | $2,834 |
Assumptions in this estimate
- Take-home pay assumes a single person with no pension, retirement or other pre-tax deductions.
- Assumes employment income is your only income and you claim the basic personal amount and the Canada employment amount.
- Tax is your estimated annual liability spread evenly across pay periods; your employer’s withholding (based on your TD1) can differ slightly.
- CPP and EI are spread evenly too. In practice they stop once you reach the yearly maximum (EI at $68,900 of earnings, CPP at $74,600 and CPP2 at $85,000), so higher earners’ last paycheques of the year are larger.
- From July to December 2026, employers in British Columbia, Newfoundland and Labrador and Prince Edward Island use catch-up rates for mid-year changes, so those paycheques differ slightly; the yearly total is the same.
- The Canada Workers Benefit and other refundable benefits you claim on your return are not included.
- The temporary federal top-up credit (2025–2030) only affects people with very large non-refundable credits and is not included.
- The Ontario LIFT credit for lower-income workers is claimed on your tax return and is not included.
If you work more or fewer hours
| Hours a week | Per week | Per month | Per year |
|---|---|---|---|
| 20 | $400 | $1,733 | $20,800 |
| 30 | $600 | $2,600 | $31,200 |
| 40 | $800 | $3,467 | $41,600 |
| 45 | $900 | $3,900 | $46,800 |
Before tax, at the same rate for every hour (no overtime pay).
$20 an hour after tax
| Province | Take-home per year | Per month | Per hour | Average rate |
|---|---|---|---|---|
| Nunavut | $34,997 | $2,916 | $16.83 | 15.9% |
| Northwest Territories | $34,550 | $2,879 | $16.61 | 16.9% |
| Alberta | $34,486 | $2,874 | $16.58 | 17.1% |
| British Columbia | $34,465 | $2,872 | $16.57 | 17.2% |
| Yukon | $34,432 | $2,869 | $16.55 | 17.2% |
| Ontario | $34,011 | $2,834 | $16.35 | 18.2% |
| Saskatchewan | $33,838 | $2,820 | $16.27 | 18.7% |
| New Brunswick | $33,660 | $2,805 | $16.18 | 19.1% |
| Newfoundland and Labrador | $33,533 | $2,794 | $16.12 | 19.4% |
| Manitoba | $33,286 | $2,774 | $16.00 | 20.0% |
| Prince Edward Island | $33,220 | $2,768 | $15.97 | 20.1% |
| Quebec | $33,166 | $2,764 | $15.95 | 20.3% |
| Nova Scotia | $32,778 | $2,731 | $15.76 | 21.2% |
Assumes employment income only, paid every two weeks, with the basic personal amount and no RRSP contributions. Full-time at 40 hours a week. Uses 2026 tax rules.
Open the full take-home pay calculatorFrequently asked questions
How much is $20 an hour a year?
$41,600 a year before tax, working 40 hours a week for 52 weeks (2,080 hours).
How much is $20 an hour a month?
$3,467 a month before tax. Months vary in length, so this is the yearly amount divided by 12.
How much is $20 an hour after tax?
Between $32,778 a year (in Nova Scotia) and $34,997 a year (in Nunavut) for an employee working 40 hours a week, or $15.76 to $16.83 an hour after tax.
How much is $20 an hour per bi-weekly paycheque?
$1,600.00 before tax.