W-2 employees
1099 contractors
Count of states

Set from the States field above

More options

5 employees, 1 state: $840/year on Wave Payroll.

Plans

Wave Payroll
Base fee $40/month source
Per employee $6 per employee/month source
Per contractor $6 per contractor/month source
Per payroll run None source
Additional states None source
W-2 forms Included source
1099 forms Not published source
Monthly minimum None source
One-time setup $0 one-time source

What's included on each plan

Wave Payroll
Employees in more than one state Not stated on Wave's pricing page
1099 contractor payments Included
Files federal and state payroll taxes for you Included
Time tracking Not stated on Wave's pricing page
Health benefits administration Not stated on Wave's pricing page
Workers comp administration Not stated on Wave's pricing page
HR tools (documents, onboarding) Not stated on Wave's pricing page
Next-day direct deposit Not stated on Wave's pricing page
City or local payroll tax filing Not stated on Wave's pricing page
Tipped employees Not stated on Wave's pricing page
Accountant access Not stated on Wave's pricing page

Worked examples

1 employee, 1 state

$552/year on Wave Payroll. Wave Payroll is Wave’s only plan.

5 employees, 1 state

$840/year on Wave Payroll. Wave Payroll is Wave’s only plan.

10 employees, 2 states

We can’t put a number on Wave for multi-state payroll. Their pricing page doesn’t say which plan includes that.

25 employees, 1 state

$2,280/year on Wave Payroll. Wave Payroll is Wave’s only plan.

Other payroll providers

Frequently asked questions

Does Wave publish its pricing?

Yes. Wave Wave Payroll: $40/month + $6 per employee/month. Every figure on this page links to the page it was read from and shows the date we last checked it.

What does Wave cost for a business with 5 employees?

About $840 a year on the Wave Payroll plan for 5 employees in one state paid biweekly, based on prices verified on October 22, 2026. Enter your own headcount in the calculator for a figure that matches your business.

Which Wave plan do I need?

It depends on what your business requires. Multi-state payroll, contractor payments, time tracking and similar needs are only on some tiers. The calculator picks the cheapest plan that meets your requirements and tells you which requirement ruled the others out.

US pricing; prices "apply to new payroll customers who signed up after April 2, 2025". Since that date the tax service covers "all 50 US states, meaning the pricing is the same for all states". Employees are billed per "active employee"; contractors only when paid. Wave files state and federal payroll taxes but not 1099s. Multi-state employees, local tax, deposit speed and the other capabilities are not addressed on the payroll page and are marked unknown pending a help-center pass.