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Effective January 1, 2001, the annual salary of the President of the United States was increased to $400,000 per year, including a $50,000 expense allowance.
Mr President & Co. As President of the United States, Barack Obama earns an annual base salary of $400,000 (about â¬290,135). This comes with a healthy onslaught of benefits however: a generous allowance of $150,000 (â¬109,350) for yearly expenses, a tax-free travel budget of $100,000 (â¬72,500) and an entertainment budget of $20,000 (â¬14,500).