1972 United States Minimum Wage in Today's Dollars

In the year 1972, the United States minimum wage was $1.60.

This is equivalent to $9.40 in 2017 dollars.

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Equivalent of $1.60 in 1972:
Year
Amount
Yearly Inflation
1972
$1.60
3.41%
1973
$1.65
8.71%
1974
$1.80
12.34%
1975
$2.02
6.94%
1976
$2.16
4.86%
1977
$2.27
6.70%
1978
$2.42
9.02%
1979
$2.64
13.29%
1980
$2.99
12.52%
1981
$3.36
8.92%
1982
$3.66
3.83%
1983
$3.80
3.79%
1984
$3.94
3.95%
1985
$4.10
3.80%
1986
$4.25
1.10%
1987
$4.30
4.43%
1988
$4.49
4.42%
1989
$4.69
4.65%
1990
$4.91
6.11%
1991
$5.21
3.06%
1992
$5.37
2.90%
1993
$5.52
2.75%
1994
$5.68
2.67%
1995
$5.83
2.54%
1996
$5.98
3.32%
1997
$6.17
1.70%
1998
$6.28
1.61%
1999
$6.38
2.68%
2000
$6.55
3.39%
2001
$6.77
1.55%
2002
$6.88
2.38%
2003
$7.04
1.88%
2004
$7.17
3.26%
2005
$7.41
3.42%
2006
$7.66
2.54%
2007
$7.86
4.08%
2008
$8.18
0.09%
2009
$8.18
2.72%
2010
$8.41
1.50%
2011
$8.53
2.96%
2012
$8.79
1.74%
2013
$8.94
1.50%
2014
$9.07
0.76%
2015
$9.14
0.73%
2016
$9.21
2.07%
2017
$9.40
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