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Minimum Wage Chart

Static increases vs. annual adjustment via CPI


Year Average annual inflation rate Minimum Wage Inflation-adjusted Minimum Wage
1967 2.78% $1.25 $1.28
1968 4.27% $1.40 $1.32
1969 5.46% $1.60 $1.38
1970 5.84% $1.60 $1.45
1971 4.30% $1.60 $1.54
1972 3.27% $1.60 $1.60
1973 6.16% $1.60 $1.66
1974 11.03% $1.60 $1.76
1975 9.20% $1.60 $1.95
1976 5.75% $2.10 $2.13
1977 6.05% $2.30 $2.25
1978 6.20% $2.30 $2.39
1979 11.22% $2.65 $2.54
1980 13.58% $2.90 $2.82
1981 10.35% $3.10 $3.21
1982 6.16% $3.35 $3.54
1983 3.22% $3.35 $3.76
1984 4.30% $3.35 $3.88
1985 3.55% $3.35 $4.04
1986 1.91% $3.35 $4.19
1987 3.66% $3.35 $4.27
1988 4.08% $3.35 $4.42
1989 4.83% $3.35 $4.60
1990 5.39% $3.35 $4.83
1991 4.25% $3.80 $5.09
1992 3.03% $4.25 $5.30
1993 2.96% $4.25 $5.46
1994 2.61% $4.25 $5.62
1995 2.81% $4.25 $5.77
1996 2.93% $4.25 $5.93
1997 2.34% $4.75 $6.11
1998 1.55% $5.15 $6.25
1999 2.19% $5.15 $6.35
2000 3.39% $5.15 $6.49
2001 2.83% $5.15 $6.71
2002 1.59% $5.15 $6.89
2003 2.27% $5.15 $7.00
2004 2.68% $5.15 $7.16
2005 3.39% $5.15 $7.36
2006 3.24% $5.15 $7.60
2007 2.85% $5.85 $7.85

Minimum wage information courtesy of Employment Policies Institute


http://www.epionline.org/mw_statistics_annual.cfm
Inflation data courtesy of InflationData.com
http://inflationdata.com/inflation/Inflation_Rate/HistoricalInflation.aspx?dsInflation_currentPage=3

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