Maryland Minimum Wage Calculator 2026
Maryland minimum wage: $15/hr (tipped: $3.63/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 Maryland's minimum wage of $15/hr. For tipped employees, the base rate is $3.63/hr. The federal minimum wage is $7.25/hr — Maryland's rate is higher, so the state rate applies. Calculations assume no overtime and consistent hours.
Key State Information
Maryland minimum wage: $15/hr. Tipped rate: $3.63/hr. Maryland allows a tip credit, meaning employers can pay tipped employees $3.63/hr as long as tips bring total compensation to at least $15/hr. Maryland has one of the highest minimum wages in the nation.
Frequently Asked Questions
What is the minimum wage in Maryland in 2026?
Maryland's minimum wage is $15/hr as of 2026. For tipped employees, the minimum is $3.63/hr. Working 40 hours/week, 52 weeks/year, this equals approximately $31,200 gross annual income.
Is Maryland's minimum wage going up?
Many states have scheduled annual minimum wage increases tied to inflation (CPI). Check Maryland's Department of Labor for upcoming rate changes. Maryland has already reached $15+/hr, though future increases may still occur.
Can you live on minimum wage in Maryland?
Maryland's cost of living index is 115.4 (100 = national average). At $15/hr full time, you'd earn about $31,200/year before taxes. With above-average costs, this would be very challenging.