1968 United States Minimum Wage in Today's Dollars

In the year 1968, the United States minimum wage was $1.60.

This is equivalent to $12.13 in 2020 dollars.

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How much? What was the inflation of $1.60 in 1968 adjusting for cost of living changes?
Equivalent of $1.60 in 1968:
Year
Amount
Yearly Inflation
1968
$1.60
4.72%
1969
$1.68
6.20%
1970
$1.78
5.57%
1971
$1.88
3.27%
1972
$1.94
3.41%
1973
$2.01
8.71%
1974
$2.18
12.34%
1975
$2.45
6.94%
1976
$2.62
4.86%
1977
$2.75
6.70%
1978
$2.93
9.02%
1979
$3.20
13.29%
1980
$3.62
12.52%
1981
$4.07
8.92%
1982
$4.44
3.83%
1983
$4.61
3.79%
1984
$4.78
3.95%
1985
$4.97
3.80%
1986
$5.16
1.10%
1987
$5.22
4.43%
1988
$5.45
4.42%
1989
$5.69
4.65%
1990
$5.95
6.11%
1991
$6.32
3.06%
1992
$6.51
2.90%
1993
$6.70
2.75%
1994
$6.88
2.67%
1995
$7.07
2.54%
1996
$7.24
3.32%
1997
$7.49
1.70%
1998
$7.61
1.61%
1999
$7.74
2.68%
2000
$7.94
3.39%
2001
$8.21
1.55%
2002
$8.34
2.38%
2003
$8.54
1.88%
2004
$8.70
3.26%
2005
$8.98
3.42%
2006
$9.29
2.54%
2007
$9.52
4.08%
2008
$9.91
0.09%
2009
$9.92
2.72%
2010
$10.19
1.50%
2011
$10.34
2.96%
2012
$10.65
1.74%
2013
$10.84
1.50%
2014
$11.00
0.76%
2015
$11.08
0.73%
2016
$11.16
2.07%
2017
$11.40
2.11%
2018
$11.64
1.91%
2019
$11.86
2.29%
2020
$12.13
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