Here’s How Much the US Minimum Wage Has Changed Since the Year You Were Born
See how the minimum wage has changed — or not — over the years.
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Although minimum wage is not nearly as low as it used to be, America still has a long way to go when it comes to compensating its workers. The federal minimum wage is currently at $7.25, a number that has stayed the same since 2009.
But even with no recent changes from the federal government, things appear to be moving in the right direction. In July 2019, the U.S. House passed a bill that would raise the minimum wage to $15 per hour by 2025, which could increase the incomes of 17 million to 27 million minimum wage workers, according to Bloomberg. In the meantime, several states and localities have taken it upon themselves to raise their own minimum wages. On June 24, Illinois, Nevada and Oregon all raised their minimum wages, USA Today reported. Illinois’ minimum wage rose from $9.25 to $10; Nevada’s minimum wage rose from $7.25 to $8 for workers with health insurance, and from $8.25 to $9 for those without health coverage; and Oregon’s minimum wage rose from $11.25 to $12. In addition, 18 municipalities and three counties announced minimum wage increases.
The rise in the minimum wage seems hopeful; however, due to inflation and the rising cost of living, that amount might not be enough in the future. While the U.S. government might be working toward increasing the minimum wage, take a look at how minimum wage has dramatically morphed throughout the years.
Last updated: July 2, 2020
1938
- U.S. minimum wage: $0.25
- In 2020 dollars: $4.54
1939
- U.S. minimum wage: $0.30
- In 2020 dollars: $5.53
1940
- U.S. minimum wage: $0.30
- In 2020 dollars: $5.57
1941
- U.S. minimum wage: $0.30
- In 2020 dollars: $5.49
1942
- U.S. minimum wage: $0.30
- In 2020 dollars: $4.93
1943
- U.S. minimum wage: $0.30
- In 2020 dollars: $4.58
1945
- U.S. minimum wage: $0.40
- In 2020 dollars: $5.80
1946
- U.S. minimum wage: $0.40
- In 2020 dollars: $5.67
1947
- U.S. minimum wage: $0.40
- In 2020 dollars: $4.80
1948
- U.S. minimum wage: $0.40
- In 2020 dollars: $4.35
1949
- U.S. minimum wage: $0.40
- In 2020 dollars: $4.30
1950
- U.S. minimum wage: $0.75
- In 2020 dollars: $8.23
1951
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.62
1952
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.30
1953
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.27
1954
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.19
1955
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.25
1956
- U.S. minimum wage: $1
- In 2020 dollars: $9.63
1957
- U.S. minimum wage: $1
- In 2020 dollars: $9.35
1958
- U.S. minimum wage: $1
- In 2020 dollars: $9.02
1959
- U.S. minimum wage: $1
- In 2020 dollars: $8.90
1960
- U.S. minimum wage: $1
- In 2020 dollars: $8.80
1961
- U.S. minimum wage: $1.15
- In 2020 dollars: $9.96
Make the Most of Your Money: Tips To Live Comfortably on a Budget
1962
- U.S. minimum wage: $1.15
- In 2020 dollars: $9.89
1963
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.61
1964
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.44
1965
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.34
1966
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.14
1967
- U.S. minimum wage: $1.40
- In 2020 dollars: $10.98
1968
- U.S. minimum wage: $1.60
- In 2020 dollars: $12.10
1969
- U.S. minimum wage: $1.60
- In 2020 dollars: $11.59
See: What Income Level Is Considered Middle Class in Your State?
1970
- U.S. minimum wage: $1.60
- In 2020 dollars: $10.92
1971
- U.S. minimum wage: $1.60
- In 2020 dollars: $10.37
1972
- U.S. minimum wage: $1.60
- In 2020 dollars: $10.04
1973
- U.S. minimum wage: $1.60
- In 2020 dollars: $9.69
1974
- U.S. minimum wage: $2
- In 2020 dollars: $11.07
1975
- U.S. minimum wage: $2.10
- In 2020 dollars: $10.40
1976
- U.S. minimum wage: $2.30
- In 2020 dollars: $10.67
1977
- U.S. minimum wage: $2.30
- In 2020 dollars: $10.14
1978
- U.S. minimum wage: $2.65
- In 2020 dollars: $10.94
Get Your Happiness: This Is the Salary Needed To Be Happy in Every State
1979
- U.S. minimum wage: $2.90
- In 2020 dollars: $10.95
1980
- U.S. minimum wage: $3.10
- In 2020 dollars: $10.28
1981
- U.S. minimum wage: $3.35
- In 2020 dollars: $9.93
1982
- U.S. minimum wage: $3.35
- In 2020 dollars: $9.16
1983
- U.S. minimum wage: $3.35
- In 2020 dollars: $8.84
1984
- U.S. minimum wage: $3.35
- In 2020 dollars: $8.48
1985
- U.S. minimum wage: $3.35
- In 2020 dollars: $8.19
1986
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.89
1987
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.77
Worth It: 13 Low-Paying Jobs That Actually Pay Off in Retirement
1988
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.47
1989
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.14
1990
- U.S. minimum wage: $3.80
- In 2020 dollars: $7.69
1991
- U.S. minimum wage: $4.25
- In 2020 dollars: $8.15
1992
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.94
1993
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.69
1994
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.50
1995
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.29
1996
- U.S. minimum wage: $4.75
- In 2020 dollars: $7.94
1997
- U.S. minimum wage: $5.15
- In 2020 dollars: $8.35
1998
- U.S. minimum wage: $5.15
- In 2020 dollars: $8.22
1999
- U.S. minimum wage: $5.15
- In 2020 dollars: $8.09
Read More: How Do You Stack Up to the Average Income in Your State?
2000
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.87
2001
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.59
2002
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.50
2003
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.31
2004
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.17
2005
- U.S. minimum wage: $5.15
- In 2020 dollars: $6.97
2006
- U.S. minimum wage: $5.15
- In 2020 dollars: $6.70
2007
- U.S. minimum wage: $5.85
- In 2020 dollars: $7.46
2008
- U.S. minimum wage: $6.55
- In 2020 dollars: $8.01
2009
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.86
2010
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.63
Take a Look: States Where It’s Easiest To Go From Middle Class to Upper Class
2011
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.49
2012
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.25
2013
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.12
2014
- U.S. minimum wage: $7.25
- In 2020 dollars: $8
2015
- U.S. minimum wage: $7.25
- In 2020 dollars: $8
2016
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.89
2017
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.70
2018
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.55
2019
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.43
2020
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.25
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Gabrielle Olya and Amen Oyiboke-Osifo contributed to the reporting for this article.
About the Author
Taylor Bell
Taylor Bell is an Los Angeles-based journalist and staff writer for GOBankingRates covering personal finance. She is a former staff writer for ATTN: and has covered topics ranging from trending pop culture news to women’s social issues.
View All
Although minimum wage is not nearly as low as it used to be, America still has a long way to go when it comes to compensating its workers. The federal minimum wage is currently at $7.25, a number that has stayed the same since 2009.
But even with no recent changes from the federal government, things appear to be moving in the right direction. In July 2019, the U.S. House passed a bill that would raise the minimum wage to $15 per hour by 2025, which could increase the incomes of 17 million to 27 million minimum wage workers, according to Bloomberg. In the meantime, several states and localities have taken it upon themselves to raise their own minimum wages. On June 24, Illinois, Nevada and Oregon all raised their minimum wages, USA Today reported. Illinois’ minimum wage rose from $9.25 to $10; Nevada’s minimum wage rose from $7.25 to $8 for workers with health insurance, and from $8.25 to $9 for those without health coverage; and Oregon’s minimum wage rose from $11.25 to $12. In addition, 18 municipalities and three counties announced minimum wage increases.
The rise in the minimum wage seems hopeful; however, due to inflation and the rising cost of living, that amount might not be enough in the future. While the U.S. government might be working toward increasing the minimum wage, take a look at how minimum wage has dramatically morphed throughout the years.
Last updated: July 2, 2020
1. 1938
- U.S. minimum wage: $0.25
- In 2020 dollars: $4.54
2. 1939
- U.S. minimum wage: $0.30
- In 2020 dollars: $5.53
3. 1940
- U.S. minimum wage: $0.30
- In 2020 dollars: $5.57
4. 1941
- U.S. minimum wage: $0.30
- In 2020 dollars: $5.49
5. 1942
- U.S. minimum wage: $0.30
- In 2020 dollars: $4.93
6. 1943
- U.S. minimum wage: $0.30
- In 2020 dollars: $4.58
7. 1944
8. 1945
- U.S. minimum wage: $0.40
- In 2020 dollars: $5.80
9. 1946
- U.S. minimum wage: $0.40
- In 2020 dollars: $5.67
10. 1947
- U.S. minimum wage: $0.40
- In 2020 dollars: $4.80
11. 1948
- U.S. minimum wage: $0.40
- In 2020 dollars: $4.35
12. 1949
- U.S. minimum wage: $0.40
- In 2020 dollars: $4.30
13. 1950
- U.S. minimum wage: $0.75
- In 2020 dollars: $8.23
14. 1951
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.62
15. 1952
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.30
16. 1953
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.27
17. 1954
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.19
18. 1955
- U.S. minimum wage: $0.75
- In 2020 dollars: $7.25
19. 1956
- U.S. minimum wage: $1
- In 2020 dollars: $9.63
20. 1957
- U.S. minimum wage: $1
- In 2020 dollars: $9.35
21. 1958
- U.S. minimum wage: $1
- In 2020 dollars: $9.02
22. 1959
- U.S. minimum wage: $1
- In 2020 dollars: $8.90
23. 1960
- U.S. minimum wage: $1
- In 2020 dollars: $8.80
24. 1961
- U.S. minimum wage: $1.15
- In 2020 dollars: $9.96
Make the Most of Your Money: Tips To Live Comfortably on a Budget
25. 1962
- U.S. minimum wage: $1.15
- In 2020 dollars: $9.89
26. 1963
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.61
27. 1964
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.44
28. 1965
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.34
29. 1966
- U.S. minimum wage: $1.25
- In 2020 dollars: $10.14
30. 1967
- U.S. minimum wage: $1.40
- In 2020 dollars: $10.98
31. 1968
- U.S. minimum wage: $1.60
- In 2020 dollars: $12.10
32. 1969
- U.S. minimum wage: $1.60
- In 2020 dollars: $11.59
See: What Income Level Is Considered Middle Class in Your State?
33. 1970
- U.S. minimum wage: $1.60
- In 2020 dollars: $10.92
34. 1971
- U.S. minimum wage: $1.60
- In 2020 dollars: $10.37
35. 1972
- U.S. minimum wage: $1.60
- In 2020 dollars: $10.04
36. 1973
- U.S. minimum wage: $1.60
- In 2020 dollars: $9.69
37. 1974
- U.S. minimum wage: $2
- In 2020 dollars: $11.07
38. 1975
- U.S. minimum wage: $2.10
- In 2020 dollars: $10.40
39. 1976
- U.S. minimum wage: $2.30
- In 2020 dollars: $10.67
40. 1977
- U.S. minimum wage: $2.30
- In 2020 dollars: $10.14
41. 1978
- U.S. minimum wage: $2.65
- In 2020 dollars: $10.94
Get Your Happiness: This Is the Salary Needed To Be Happy in Every State
42. 1979
- U.S. minimum wage: $2.90
- In 2020 dollars: $10.95
43. 1980
- U.S. minimum wage: $3.10
- In 2020 dollars: $10.28
44. 1981
- U.S. minimum wage: $3.35
- In 2020 dollars: $9.93
45. 1982
- U.S. minimum wage: $3.35
- In 2020 dollars: $9.16
46. 1983
- U.S. minimum wage: $3.35
- In 2020 dollars: $8.84
47. 1984
- U.S. minimum wage: $3.35
- In 2020 dollars: $8.48
48. 1985
- U.S. minimum wage: $3.35
- In 2020 dollars: $8.19
49. 1986
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.89
50. 1987
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.77
Worth It: 13 Low-Paying Jobs That Actually Pay Off in Retirement
51. 1988
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.47
52. 1989
- U.S. minimum wage: $3.35
- In 2020 dollars: $7.14
53. 1990
- U.S. minimum wage: $3.80
- In 2020 dollars: $7.69
54. 1991
- U.S. minimum wage: $4.25
- In 2020 dollars: $8.15
55. 1992
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.94
56. 1993
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.69
57. 1994
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.50
58. 1995
- U.S. minimum wage: $4.25
- In 2020 dollars: $7.29
59. 1996
- U.S. minimum wage: $4.75
- In 2020 dollars: $7.94
60. 1997
- U.S. minimum wage: $5.15
- In 2020 dollars: $8.35
61. 1998
- U.S. minimum wage: $5.15
- In 2020 dollars: $8.22
62. 1999
- U.S. minimum wage: $5.15
- In 2020 dollars: $8.09
Read More: How Do You Stack Up to the Average Income in Your State?
63. 2000
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.87
64. 2001
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.59
65. 2002
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.50
66. 2003
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.31
67. 2004
- U.S. minimum wage: $5.15
- In 2020 dollars: $7.17
68. 2005
- U.S. minimum wage: $5.15
- In 2020 dollars: $6.97
69. 2006
- U.S. minimum wage: $5.15
- In 2020 dollars: $6.70
70. 2007
- U.S. minimum wage: $5.85
- In 2020 dollars: $7.46
71. 2008
- U.S. minimum wage: $6.55
- In 2020 dollars: $8.01
72. 2009
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.86
73. 2010
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.63
Take a Look: States Where It’s Easiest To Go From Middle Class to Upper Class
74. 2011
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.49
75. 2012
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.25
76. 2013
- U.S. minimum wage: $7.25
- In 2020 dollars: $8.12
77. 2014
- U.S. minimum wage: $7.25
- In 2020 dollars: $8
78. 2015
- U.S. minimum wage: $7.25
- In 2020 dollars: $8
79. 2016
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.89
80. 2017
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.70
81. 2018
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.55
82. 2019
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.43
83. 2020
- U.S. minimum wage: $7.25
- In 2020 dollars: $7.25
More From GOBankingRates
- 30 Easy Home Improvement Projects You Should Tackle This Summer
- Here’s How Much Cash You Need Stashed If an Emergency Happens
- 31 Hidden Ways You’re Bleeding Money Every Month
- 21 Smartest Ways To Invest Your Money Right Now
Gabrielle Olya and Amen Oyiboke-Osifo contributed to the reporting for this article.
About the Author
Taylor Bell
Taylor Bell is an Los Angeles-based journalist and staff writer for GOBankingRates covering personal finance. She is a former staff writer for ATTN: and has covered topics ranging from trending pop culture news to women’s social issues.
