1974 United States Minimum Wage in Today's Dollars

In the year 1974, the United States minimum wage was $2.00.

This is equivalent to $10.88 in 2019 dollars.

Inflation Calculator
$
in
to
We determine the value of a dollar using the Consumer Price Index from December of the previous year. Inflation Calculator Home
How much? What was the inflation of $2.00 in 1974 adjusting for cost of living changes?
Equivalent of $2.00 in 1974:
Year
Amount
Yearly Inflation
1974
$2.00
12.34%
1975
$2.25
6.94%
1976
$2.40
4.86%
1977
$2.52
6.70%
1978
$2.69
9.02%
1979
$2.93
13.29%
1980
$3.32
12.52%
1981
$3.74
8.92%
1982
$4.07
3.83%
1983
$4.23
3.79%
1984
$4.39
3.95%
1985
$4.56
3.80%
1986
$4.73
1.10%
1987
$4.78
4.43%
1988
$5.00
4.42%
1989
$5.22
4.65%
1990
$5.46
6.11%
1991
$5.79
3.06%
1992
$5.97
2.90%
1993
$6.14
2.75%
1994
$6.31
2.67%
1995
$6.48
2.54%
1996
$6.65
3.32%
1997
$6.87
1.70%
1998
$6.98
1.61%
1999
$7.10
2.68%
2000
$7.29
3.39%
2001
$7.53
1.55%
2002
$7.65
2.38%
2003
$7.83
1.88%
2004
$7.98
3.26%
2005
$8.24
3.42%
2006
$8.52
2.54%
2007
$8.74
4.08%
2008
$9.09
0.09%
2009
$9.10
2.72%
2010
$9.35
1.50%
2011
$9.49
2.96%
2012
$9.77
1.74%
2013
$9.94
1.50%
2014
$10.09
0.76%
2015
$10.17
0.73%
2016
$10.24
2.07%
2017
$10.45
2.11%
2018
$10.67
1.91%
2019
$10.88
-