Divide your total money earned by your total time spent.
For example, let’s say you spend 2,500 hours per year earning money:
- If you make $46,226/year, your time is worth $18.49/hour. This is the 2014 median income for women in the United States.
- If you make $62,455/year, your time is worth $24.98/hour. This is the 2014 median income for men in the United States.
If you are surprised by the numbers, remember that we rarely calculate how much time goes into earning money outside of the working hours.