Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

U.S. minimum wage: real and nominal value 1938-2019

When adjusted for inflation, the 2019 minimum wage in the United States is around 31 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2018 dollars this increases to 10.35 U.S. dollars. The minimum wage in 2019 was 7.25 U.S. dollars, which decreases to 7.13 U.S. dollars when expressed in nominal 2018 dollars.

Real and nominal value of the federal minimum wage in the United States from 1938 to 2019

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

October 2019

Region

United States

Survey time period

1938 to 2019

Age group

Supplementary notes

Nominal figures adjusted to 2018 dollars by the source using the Consumer Price Index for All Urban Consumers.
2019 value calcualted by statisting using the based on the Consumer Price Index for All Urban Consumers change from 2018 to 2019, available here.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Minimum Wage in the United States"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.