Indiana Minimum Wage Calculator 2026
Indiana minimum wage: $7.25/hr (tipped: $2.13/hr). Calculate annual salary, monthly income, and take-home pay at minimum wage.
How This Calculator Works
Calculation methodology and assumptions
This calculator computes annual, monthly, and weekly earnings at Indiana's minimum wage of $7.25/hr. For tipped employees, the base rate is $2.13/hr. The federal minimum wage is $7.25/hr — Indiana follows the federal rate. Calculations assume no overtime and consistent hours.
Key State Information
Indiana minimum wage: $7.25/hr. Tipped rate: $2.13/hr. Indiana allows a tip credit, meaning employers can pay tipped employees $2.13/hr as long as tips bring total compensation to at least $7.25/hr. Indiana follows the federal minimum wage of $7.25/hr.
Frequently Asked Questions
What is the minimum wage in Indiana in 2026?
Indiana's minimum wage is $7.25/hr as of 2026. For tipped employees, the minimum is $2.13/hr. Working 40 hours/week, 52 weeks/year, this equals approximately $15,080 gross annual income.
Is Indiana's minimum wage going up?
Many states have scheduled annual minimum wage increases tied to inflation (CPI). Check Indiana's Department of Labor for upcoming rate changes. Several states are gradually increasing toward $15/hr.
Can you live on minimum wage in Indiana?
Indiana's cost of living index is 90.5 (100 = national average). At $7.25/hr full time, you'd earn about $15,080/year before taxes. This would be challenging but slightly more manageable than in high-cost states.