In the year 1973, the united states minimum wage was $1.60 The measure, which passed 64 to 33, now goes to a sen ate‐house conference, and the prospects appeared to be good that congress would send a minimum wage increase to president nixon relatively. This is equivalent to $11.88 in 2025 dollars
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We determine the value of a dollar using the consumer price index from december of the previous year
Has minimum wage kept up with increases in the cost of living?
Scroll over the chart to see the us federal minimum wage through history, and what it would be worth in today’s dollars Bureau of labor statistics and department of labor The federal minimum wage is currently at $7.25 — money that has stayed the same since 2009 In the late 1960s, minimum wage was worth over $14 in today’s dollars.
$7.25 as of august 2025 Employment standards division labor standards wage and hour laws minimum wage history
