Figure 4AD

Real value of the minimum wage, 1960–2013 (2013 dollars)

Year Real value of the minimum wage
1960 $6.88
1961 $7.83
1962 $7.75
1963 $8.31
1964 $8.21
1965 $8.08
1966 $7.85
1967 $8.53
1968 $9.39
1969 $8.98
1970 $8.57
1971 $8.21
1972 $7.97
1973 $7.50
1974 $8.52
1975 $8.26
1976 $8.56
1977 $8.05
1978 $8.68
1979 $8.67
1980 $8.34
1981 $8.23
1982 $7.76
1983 $7.45
1984 $7.15
1985 $6.92
1986 $6.79
1987 $6.57
1988 $6.34
1989 $6.08
1990 $6.57
1991 $7.09
1992 $6.91
1993 $6.75
1994 $6.61
1995 $6.45
1996 $7.02
1997 $7.45
1998 $7.35
1999 $7.20
2000 $6.97
2001 $6.78
2002 $6.67
2003 $6.52
2004 $6.35
2005 $6.15
2006 $5.95
2007 $6.57
2008 $7.09
2009 $7.87
2010 $7.75
2011 $7.51
2012 $7.36
2013 $7.25
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Economic Policy Institute

Underlying data are from U.S. Department of Labor Wage and Hour Division (2009), deflated using CPI-U-RS; see note to SWA Table 4.39.

Source: EPI analysis of U.S. Department of Labor Wage and Hour Division (2009)

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