If you're considering a job that pays $15 an hour or are currently earning that amount, you may be wondering whether it's a good wage or if it's possible to live comfortably on that income.

Questions like is $15 an hour a good wage, or can I live off $15 an hour must have crossed your mind. Do you know $15 an hour is how much a year?

If you earn $15 an hour, you will make $31,200 per annum. In the US, you are considered to be working full time if you work between 30 to 40 hours a week.

If you are working part-time, a $15 wage will get you much lesser money in a year. Part-time employees generally work between 20 to 29 hours per week.

$15 an hour is how much after taxes If you earn $31,200 a year, you pay 18.4% of your annual salary in federal taxes, social security, and Medicare.

To be able to live on $15 an hour, you need discipline. Find out How to live on $15 an hour? Swipe up