The present invention provides a pill splitter that is designed for cutting pills in a relatively safe and reliable manner. The pill splitter includes a main body with a top housing and a bottom housing having a blade mounted thereto. The top housing has a slot defined therein for receipt of the blade. The top housing moves relative to the bottom housing between a protected position, unexposed blade, and a cutting position, exposed blade. In the protected position, the top housing resides in front of the blade to prevent a user from contacting the blade. In the cutting position, the blade is routed through the slot in the top housing thereby exposing a cutting edge thereof for cutting a pill.