Home > Career > Offer Ledger

Offer ledger 2026 tax year

Compare two job offers in real terms

See what the numbers mean. Learn how the comparison works. Leave with a wider view of the decision.

Enter both offers. We adjust for tax, cost of living, and commute time to estimate what each offer may be worth.

⚠ Estimates only, not tax advice — see the note below the results for details.

OfferA
OfferB

Estimate only — not financial, legal, or investment advice.

Breakdown, annual

Each line already includes every adjustment above it — this isn't a list to add up. Compare using the bottom line only.

Offer AOffer B
1Total compensation
2After income tax
3Cost-of-living adjusted
4After commute time cost Estimated real value — compare here
Offer A Offer B

Estimates only, not tax advice. Uses 2026 federal brackets (single filer) plus an approximate flat state rate — it doesn't model state-specific deductions, credits, or progressive state brackets. Stock/RSU is treated as its entered dollar value; actual value and tax treatment depend on your vesting schedule, share price at vesting, and withholding, so treat this field as your best estimate. Cost-of-living index from the US Bureau of Economic Analysis Regional Price Parities, 2024 (national average = 100). Commute cost values time at each offer's own cost-of-living-adjusted hourly rate, assuming 220 working days/year, so the deduction stays in the same real-terms scale as the rest of the comparison.

How the comparison works

Offer Ledger takes two job offers and adjusts each one through four stages to estimate its real-terms value, in your pocket, per year.

1. Total compensation

We add base salary, annual bonus, and the annual value of stock or RSUs. A one-time signing bonus is spread evenly over an assumed four-year stay, since a $10,000 signing bonus isn't really worth $10,000 a year if you're comparing annual value.

2. Income tax

We apply the current federal income tax brackets plus an approximate state income tax rate for the offer's city — several states, including Texas, Florida, and Washington, charge no state income tax at all.

3. Cost of living

After-tax income is divided by the offer city's regional price parity, using the US national average as the baseline (index 100). A salary that looks larger on paper can be worth less once local prices are factored in, and vice versa.

4. Commute time

Time is worth something. We estimate annual commute hours from your one-way commute time (assuming 220 working days a year) and value each hour at the offer's own cost-of-living-adjusted hourly rate, then subtract that from the total — keeping the deduction in the same real-terms scale as the rest of the comparison. Fully remote offers skip this step entirely.

Key terms

A few terms worth knowing before you compare — this site is built to help you see the fuller picture, not just crunch numbers.

Cost-of-living index
A score comparing everyday prices in a metro area to the national average (national average = 100).
Effective tax rate
The average rate you actually pay across all your income — lower than your top tax bracket.
RSU
Restricted Stock Units — company shares you're granted but don't fully own until they vest.

Quick check

Think you've got these 3 terms down?

Take the quiz →

Also Worth Knowing (Not Modeled Here)

A few more angles worth exploring — the numbers above are only part of the full picture.

Health insurance plan differences Signing/relocation bonus clawbacks Stock vesting schedules

Frequently asked questions

Is this tax advice?

No. Offer Ledger gives you a directional estimate to help you think through a decision, not a substitute for a tax professional or financial advisor. Tax situations vary by filing status, deductions, and personal circumstances that a general calculator can't capture.

Which cities are supported?

We currently support a set of major US cities. Use the "View supported cities" button at the top of the page to see the full list — we add more based on demand.

Where does the cost-of-living data come from?

Cost-of-living indices are based on the US Bureau of Economic Analysis's Regional Price Parities (RPP), a federal statistic measuring price-level differences across US metro areas relative to the national average (100). BEA publishes an updated RPP annually, typically with about a one-year lag.

Why does the calculator factor in commute time?

Two offers with identical take-home pay aren't equal if one costs you an extra hour a day in traffic. We convert commute time into a dollar cost using your own cost-of-living-adjusted hourly rate, so the deduction stays on the same real-terms scale as the rest of the comparison, reflecting your time, not just your paycheck.

How often is the tax and cost-of-living data updated?

Tax brackets are reviewed annually each January, covering the new US federal brackets. This tool currently reflects 2026 tax-year figures.

Is my offer data saved or shared?

Your inputs are only used in your browser to calculate a result. If you use the "Copy shareable link" button, your inputs are encoded directly into that URL — nothing is stored on a server.

Tax-year data: 2026