How Much Does a President of the US Make: What Most People Get Wrong

How Much Does a President of the US Make: What Most People Get Wrong

If you think the Leader of the Free World is pulling in a massive nine-figure salary like a tech CEO or a pro quarterback, honestly, you're in for a surprise. It’s actually kinda weird when you look at the numbers. The President of the United States makes exactly $400,000 a year.

That’s it.

Now, don't get me wrong. Four hundred grand is a ton of money for most people. But when you consider the stress of, you know, managing a nuclear arsenal and a global economy, it starts to look like a bit of a bargain for the taxpayers. What’s even crazier is that this number hasn't budged in twenty-five years. Congress hasn't given the Oval Office a raise since 2001.

The Breakdown of the $400,000 Paycheck

The salary is set by law under Title 3 of the U.S. Code. It’s paid out monthly, just like a regular government job. But the base pay is only part of the story. If you’re wondering how much does a president of the US make in total, you have to look at the side-perks that come with the gig.

Aside from the cash, there’s a $50,000 annual expense allowance. This is supposed to help with the costs of being a public figure. Interestingly, any of that fifty grand that doesn't get spent actually goes back to the Treasury. You can't just pocket the change.

Then you’ve got:

  • A $100,000 nontaxable travel account.
  • A $19,000 entertainment budget (think official dinners and hosting dignitaries).
  • Free housing in a 132-room mansion.

Most people forget that while the housing is free, the lifestyle isn't exactly a total free-for-all. Believe it or not, the President actually gets a bill every month for their own groceries. If the First Family wants a private dinner of steak and asparagus, they pay for the ingredients out of that $400,000 salary. The chefs are free, but the food isn't.

A History of Low Pay

When George Washington took the job in 1789, he made $25,000. In today’s money, that would be worth nearly $900,000. He actually tried to refuse the salary because he was already wealthy, but the Constitution basically forced him to take it.

Since then, the pay has only been raised five times.

  1. 1873: Jumped to $50,000.
  2. 1909: Up to $75,000.
  3. 1949: Reached the six-figure mark at $100,000.
  4. 1969: Doubled to $200,000.
  5. 2001: Finally hit the current $400,000.

If the salary had kept up with inflation since the Nixon era, the President would be making well over $1.7 million today. But because giving a politician a raise is usually a PR nightmare, Congress tends to avoid the topic for decades at a time.

Why the President Isn't Just "Rich" From the Salary

If you look at modern presidents, most of them were already millionaires before they stepped foot in the White House. The $400,000 is almost a formality for some of them. Donald Trump, for instance, famously donated his entire salary back to various government agencies during his term.

But for someone who isn't already wealthy, the job carries massive hidden costs. You have to maintain a "dignified" lifestyle, pay for your family’s personal clothing, and handle your own private legal fees if things get messy.

The Real Money is in the "Afterlife"

The true answer to how much does a president of the US make usually comes after they leave the building. Thanks to the Former Presidents Act of 1958, the retirement package is pretty sweet.

As of 2026, a former president receives a pension roughly equal to the salary of a Cabinet Secretary. That usually lands somewhere around $230,000 to $246,000 a year, depending on the latest adjustments.

But the pension is peanuts compared to the "publishing complex."

  • Book Deals: Barack and Michelle Obama reportedly signed a deal worth over $60 million.
  • Speaking Fees: It’s common for a former president to pull in $400,000—a full year’s presidential salary—for a single one-hour speech to a group of bankers or tech moguls.
  • Office Space: The government pays for a former president’s office and a small staff for the rest of their lives.

Beyond the Cash: The "Million Dollar" Perks

If you were to value the presidency like a CEO's compensation package, it wouldn't be $400,000. It would be closer to $50 million or more.

Think about the security. The Secret Service protection for the President and their family is a multi-million dollar expense every year. Then there’s Air Force One. It costs roughly $200,000 per hour just to keep that plane in the air.

You also get:

  • The White House Staff: We’re talking 100+ full-time employees, from florists and calligraphers to the Chief Usher.
  • Medical Care: A dedicated White House Medical Unit with world-class doctors available 24/7.
  • Camp David: A private 125-acre mountain retreat in Maryland for when the city gets too loud.

What This Means for You

Understanding the presidential salary helps put government spending and "elite" wealth into perspective. While the President is technically a high-earner, they are often the lowest-paid person in a room full of billionaire donors and corporate lobbyists.

If you're looking into federal pay scales or considering a career in public service, keep these points in mind:

  • Look at the Total Package: In the public sector, the "salary" is often just a fraction of the total value when you include pensions, health care, and allowances.
  • Inflation Matters: Fixed salaries like the President's lose value every year. This is why most federal jobs have "Cost of Living Adjustments" (COLA), even though the President's does not.
  • Post-Career Value: Often, the "brand" you build in a high-profile role is worth more than the paycheck itself.

To get a real sense of how these figures compare to other high-level government roles, you can look up the "Executive Schedule" on the OPM.gov website. It shows the pay grades for everyone from the Vice President ($235,100+) down to lower-level agency heads. It’s a great way to see how the US government values its leadership versus the private sector.

👉 See also: 10 Euro to US Dollars: Why the Math Usually Fails You at the Counter


Actionable Insight: If you’re tracking federal trends, keep an eye on the "Presidential Allowance Modernization Act." There are frequent attempts in Congress to cap the pensions and travel budgets of former presidents who make millions in the private sector. Checking the status of this bill on Congress.gov is the best way to see if the rules of presidential "wealth" are about to change.