An automatic cost-of-living adjustment would substantially raise wages: Annual wage increases of a 3% COLA

Overall private sector $1,956
Construction $2,328
Health care and social assistance $2,071
Manufacturing $1,813
Retail $1,348
Leisure and hospitality $1,262
Economic Policy Institute

Notes: Annual pay increases are three percent increases in the average wage of production, non-supervisory workers, annualized by assuming pay at 40 hours per week, 52 weeks per year.

Source: EPI State of Working America Data Library (2026).

View the underlying data on epi.org.