Here’s What the US Minimum Wage Was the Year You Were Born

·7 min read
M_a_y_a / Getty Images
M_a_y_a / Getty Images

Although minimum wage is not nearly as low as it used to be, America still has a long way to go when it comes to compensating its workers. The federal minimum wage is currently at $7.25, a number that has stayed the same since 2009.

But even with no recent changes from the federal government, things appear to be moving in the right direction. In July 2019, the U.S. House passed a bill that would raise the minimum wage to $15 per hour by 2025, which could increase the incomes of 17 million to 27 million minimum wage workers, according to Bloomberg. And minimum wage is currently a hot topic as Democrats try to raise it.

See: 14 Countries That Have a Higher Minimum Wage Than the US
Important: $1M Is No Longer the Standard Nest Egg - Here's How Much Most Americans Think You Actually Need To Retire

In the meantime, several states and localities have taken it upon themselves to raise their own minimum wages. Recently, Illinois, Nevada and Oregon all raised their minimum wages, USA Today reported. Illinois' minimum wage rose from $9.25 to $10; Nevada's minimum wage rose from $7.25 to $8 for workers with health insurance, and from $8.25 to $9 for those without health coverage; and Oregon's minimum wage rose from $11.25 to $12. In addition, 18 municipalities and three counties announced minimum wage increases.

The rise in the minimum wage seems hopeful; however, due to inflation and the rising cost of living, that amount might not be enough in the future. Take a look at how minimum wage has dramatically morphed throughout the years.

iraua / Shutterstock.com
iraua / Shutterstock.com

1938

  • U.S. minimum wage: $0.25

  • In 2020 dollars: $4.54

Exclusive: Americans' Savings Drop to Lowest Point in Years

Yulia Grigoryeva / Shutterstock.com
Yulia Grigoryeva / Shutterstock.com

1939

  • U.S. minimum wage: $0.30

  • In 2020 dollars: $5.53

Read More: The Average Social Security Check the Year You Were Born

Kondor83 / Shutterstock.com
Kondor83 / Shutterstock.com

1940

  • U.S. minimum wage: $0.30

  • In 2020 dollars: $5.57

Find Out: Here's How Much Teachers Make in Every State

PointImages / Shutterstock.com
PointImages / Shutterstock.com

1941

  • U.S. minimum wage: $0.30

  • In 2020 dollars: $5.49

Check Out: Best Cities To Retire on a Budget of $1,500 a Month

AndreyPopov / istockphoto.com
AndreyPopov / istockphoto.com

1942

  • U.S. minimum wage: $0.30

  • In 2020 dollars: $4.93

Read: 17 Biggest Budgeting Mistakes You're Making

antoniotruzzi / istockphoto.com
antoniotruzzi / istockphoto.com

1943

  • U.S. minimum wage: $0.30

  • In 2020 dollars: $4.58

Save More: Savings Tricks From Regular People Who Are Sitting on Millions

Visionsi / Shutterstock.com
Visionsi / Shutterstock.com

1944

  • U.S. minimum wage: $0.30

  • In 2020 dollars: $4.45

Find Out: 100 Ways To Make Money Without a 9-to-5

Eo naya / Shutterstock.com
Eo naya / Shutterstock.com

1945

  • U.S. minimum wage: $0.40

  • In 2020 dollars: $5.80

See: How Long $1 Million in Savings Will Last in Every State

g-stockstudio / istockphoto.com
g-stockstudio / istockphoto.com

1946

  • U.S. minimum wage: $0.40

  • In 2020 dollars: $5.67

Read: 50 Things Every 50-Something Should Know About Retirement

golubovy / istockphoto.com
golubovy / istockphoto.com

1947

  • U.S. minimum wage: $0.40

  • In 2020 dollars: $4.80

Find Out: IRS Delayed Refunds for 275,000 Taxpayers in 2019 -- Here's How To Get Yours Faster

PointImages / Shutterstock.com
PointImages / Shutterstock.com

1948

  • U.S. minimum wage: $0.40

  • In 2020 dollars: $4.35

Plan Now: How Long Will Your Retirement Savings Last?

Harsanyi Andras / Shutterstock.com
Harsanyi Andras / Shutterstock.com

1949

  • U.S. minimum wage: $0.40

  • In 2020 dollars: $4.30

Find Out: What To Sell When You're Ready To Retire

Jacob Lund / Shutterstock.com
Jacob Lund / Shutterstock.com

1950

  • U.S. minimum wage: $0.75

  • In 2020 dollars: $8.23

Learn More: Retirement Planning Mistakes That Waste Your Money

Kichigin / Shutterstock.com
Kichigin / Shutterstock.com

1951

  • U.S. minimum wage: $0.75

  • In 2020 dollars: $7.62

Check Out: 25 Ways To Maximize Your Retirement Savings

lOvE lOvE / Shutterstock.com
lOvE lOvE / Shutterstock.com

1952

  • U.S. minimum wage: $0.75

  • In 2020 dollars: $7.30

Find Out: 15 Retirement Mistakes and Why They'll Shrink Your Nest Egg

Mocha.VP / Shutterstock.com
Mocha.VP / Shutterstock.com

1953

  • U.S. minimum wage: $0.75

  • In 2020 dollars: $7.27

Compare: This Is the Living Wage You Need in All 50 States

PenelopeB / istockphoto.com
PenelopeB / istockphoto.com

1954

  • U.S. minimum wage: $0.75

  • In 2020 dollars: $7.19

Learn More: Here's Exactly How Much Savings You Need To Retire In Your State

PeopleImages / istockphoto.com
PeopleImages / istockphoto.com

1955

  • U.S. minimum wage: $0.75

  • In 2020 dollars: $7.25

Helpful: 19 Effective Ways To Tackle Your Budget

Kondor83 / Shutterstock.com
Kondor83 / Shutterstock.com

1956

  • U.S. minimum wage: $1

  • In 2020 dollars: $9.63

Read: Tips To Keep Your Finances in Order Without Sacrificing What You Want

Kzenon / Shutterstock.com
Kzenon / Shutterstock.com

1957

  • U.S. minimum wage: $1

  • In 2020 dollars: $9.35

Related: 17 Dumb Home-Buying Mistakes That Hurt Your Wallet

Nonwarit / Shutterstock.com
Nonwarit / Shutterstock.com

1958

  • U.S. minimum wage: $1

  • In 2020 dollars: $9.02

Try: 50 Easy Things You Should Do To Save Money

Rawpixel.com / Shutterstock.com
Rawpixel.com / Shutterstock.com

1959

  • U.S. minimum wage: $1

  • In 2020 dollars: $8.90

Stop Now: 50 Terrible Ways To Try and Save Money

PK.pawaris / Shutterstock.com
PK.pawaris / Shutterstock.com

1960

  • U.S. minimum wage: $1

  • In 2020 dollars: $8.80

Find Out: Things To Cut Out Right Now To Save Money During the Health Crisis

cunaplus / Shutterstock.com
cunaplus / Shutterstock.com

1961

  • U.S. minimum wage: $1.15

  • In 2020 dollars: $9.96

Make the Most of Your Money: Tips To Live Comfortably on a Budget

SolStock / istockphoto.com
SolStock / istockphoto.com

1962

  • U.S. minimum wage: $1.15

  • In 2020 dollars: $9.89

Sturti / istockphoto.com
Sturti / istockphoto.com

1963

  • U.S. minimum wage: $1.25

  • In 2020 dollars: $10.61

Topalov Djura / istockphoto.com
Topalov Djura / istockphoto.com

1964

  • U.S. minimum wage: $1.25

  • In 2020 dollars: $10.44

Options: 16 Ways To Save Money on Food

www.BillionPhotos.com / Shutterstock.com
www.BillionPhotos.com / Shutterstock.com

1965

  • U.S. minimum wage: $1.25

  • In 2020 dollars: $10.34

www.BillionPhotos.com / Shutterstock.com
www.BillionPhotos.com / Shutterstock.com

1966

  • U.S. minimum wage: $1.25

  • In 2020 dollars: $10.14

Andrey_Popov / Shutterstock.com
Andrey_Popov / Shutterstock.com

1967

  • U.S. minimum wage: $1.40

  • In 2020 dollars: $10.98

Read: 25 Tips for Saving Money With Your Spouse

Andrey_Popov / Shutterstock.com
Andrey_Popov / Shutterstock.com

1968

  • U.S. minimum wage: $1.60

  • In 2020 dollars: $12.10

AndreyPopov / istockphoto.com
AndreyPopov / istockphoto.com

1969

  • U.S. minimum wage: $1.60

  • In 2020 dollars: $11.59

See: What Income Level Is Considered Middle Class in Your State?

bikeriderlondon / Shutterstock.com
bikeriderlondon / Shutterstock.com

1970

  • U.S. minimum wage: $1.60

  • In 2020 dollars: $10.92

create jobs 51 / Shutterstock.com
create jobs 51 / Shutterstock.com

1971

  • U.S. minimum wage: $1.60

  • In 2020 dollars: $10.37

Shutterstock.com
Shutterstock.com

1972

  • U.S. minimum wage: $1.60

  • In 2020 dollars: $10.04

Helpful: 16 Effective Ways To Trick Yourself Into Saving Money

AndreyPopov / iStock.com
AndreyPopov / iStock.com

1973

  • U.S. minimum wage: $1.60

  • In 2020 dollars: $9.69

George Peters / istockphoto.com
George Peters / istockphoto.com

1974

  • U.S. minimum wage: $2

  • In 2020 dollars: $11.07

FangXiaNuo / istockphoto.com
FangXiaNuo / istockphoto.com

1975

  • U.S. minimum wage: $2.10

  • In 2020 dollars: $10.40

Good To Know: 16 Splurges That Save You Money in the Long Run

Andrey_Popov / Shutterstock.com
Andrey_Popov / Shutterstock.com

1976

  • U.S. minimum wage: $2.30

  • In 2020 dollars: $10.67

Peter Bernik / Shutterstock.com
Peter Bernik / Shutterstock.com

1977

  • U.S. minimum wage: $2.30

  • In 2020 dollars: $10.14

lakov Filimonov / Shutterstock.com
lakov Filimonov / Shutterstock.com

1978

  • U.S. minimum wage: $2.65

  • In 2020 dollars: $10.94

Get Your Happiness: This Is the Salary Needed To Be Happy in Every State

Andrey_Popov / Shutterstock.com
Andrey_Popov / Shutterstock.com

1979

  • U.S. minimum wage: $2.90

  • In 2020 dollars: $10.95

kurhan / Shutterstock.com
kurhan / Shutterstock.com

1980

  • U.S. minimum wage: $3.10

  • In 2020 dollars: $10.28

Rawpixel.com / Shutterstock.com
Rawpixel.com / Shutterstock.com

1981

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $9.93

Keep Reading: 25 Ways To Save 20% More of Your Paycheck Without Even Trying

IS_ImageSource / istockphoto.com
IS_ImageSource / istockphoto.com

1982

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $9.16

gilaxia / istockphoto.com
gilaxia / istockphoto.com

1983

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $8.84

Kali Nine LLC / istockphoto.com
Kali Nine LLC / istockphoto.com

1984

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $8.48

Try: Cutting Out These 25 Expenses Will Save You $16,142.08 a Year

gilaxia / istockphoto.com
gilaxia / istockphoto.com

1985

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $8.19

sahilu / istockphoto.com
sahilu / istockphoto.com

1986

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $7.89

kadmy / istockphoto.com
kadmy / istockphoto.com

1987

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $7.77

Worth It: 13 Low-Paying Jobs That Actually Pay Off in Retirement

EdStock / istockphoto.com
EdStock / istockphoto.com

1988

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $7.47

Andrey_Popov / Shutterstock.com
Andrey_Popov / Shutterstock.com

1989

  • U.S. minimum wage: $3.35

  • In 2020 dollars: $7.14

Minerva Studio / Shutterstock.com
Minerva Studio / Shutterstock.com

1990

  • U.S. minimum wage: $3.80

  • In 2020 dollars: $7.69

Learn More: Surprising Ways Gen Z and Millennials Are Worlds Apart Financially

Squaredpixels / istockphoto.com
Squaredpixels / istockphoto.com

1991

  • U.S. minimum wage: $4.25

  • In 2020 dollars: $8.15

withGod / Shutterstock.com
withGod / Shutterstock.com

1992

  • U.S. minimum wage: $4.25

  • In 2020 dollars: $7.94

sturti / istockphoto.com
sturti / istockphoto.com

1993

  • U.S. minimum wage: $4.25

  • In 2020 dollars: $7.69

Whoa: 9 Successful Money-Making 'Schemes' That Are Actually Legal

Sergey Mironov / Shutterstock.com
Sergey Mironov / Shutterstock.com

1994

  • U.S. minimum wage: $4.25

  • In 2020 dollars: $7.50

Photographee.eu / Shutterstock.com
Photographee.eu / Shutterstock.com

1995

  • U.S. minimum wage: $4.25

  • In 2020 dollars: $7.29

M_a_y_a / istockphoto.com
M_a_y_a / istockphoto.com

1996

  • U.S. minimum wage: $4.75

  • In 2020 dollars: $7.94

Rich vs. Wealthy: What's the Difference Between the Two?

Leonardo Patrizi / istockphoto.com
Leonardo Patrizi / istockphoto.com

1997

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $8.35

Juanmonino / istockphoto.com
Juanmonino / istockphoto.com

1998

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $8.22

gilaxia / istockphoto.com
gilaxia / istockphoto.com

1999

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $8.09

Read More: How Do You Stack Up To the Average Income in Your State?

Monkey Business Images / Shutterstock.com
Monkey Business Images / Shutterstock.com

2000

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $7.87

ferrerivideo / istockphoto.com
ferrerivideo / istockphoto.com

2001

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $7.59

Monkey Business Images / Shutterstock.com
Monkey Business Images / Shutterstock.com

2002

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $7.50

Read: 20 Hobbies of the Rich Only They Can Afford

GaudiLab / Shutterstock.com
GaudiLab / Shutterstock.com

2003

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $7.31

andresr / istockphoto.com
andresr / istockphoto.com

2004

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $7.17

a katz / Shutterstock.com
a katz / Shutterstock.com

2005

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $6.97

Find Out: 31 Dumb Things That Are Keeping You From Being Wealthy

Andrey_Popov / Shutterstock.com
Andrey_Popov / Shutterstock.com

2006

  • U.S. minimum wage: $5.15

  • In 2020 dollars: $6.70

kadmy / istockphoto.com
kadmy / istockphoto.com

2007

  • U.S. minimum wage: $5.85

  • In 2020 dollars: $7.46

Rawpixel.com / Shutterstock.com
Rawpixel.com / Shutterstock.com

2008

  • U.S. minimum wage: $6.55

  • In 2020 dollars: $8.01

Read: 19 Things You'll Need To Sacrifice Now for a Healthy Retirement

everything possible / Shutterstock.com
everything possible / Shutterstock.com

2009

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $8.86

Pressmaster / Shutterstock.com
Pressmaster / Shutterstock.com

2010

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $8.63

Take a Look: The GOP Wants a $10 Minimum Wage -- How Does It Compare to $15 in the Real World?

wavebreakmedia / Shutterstock.com
wavebreakmedia / Shutterstock.com

2011

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $8.49

kurhan / Shutterstock.com
kurhan / Shutterstock.com

2012

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $8.25

shapecharge / istockphoto.com
shapecharge / istockphoto.com

2013

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $8.12

Avoid: 35 Retirement Planning Mistakes That Waste Your Money

Shutterstock.com
Shutterstock.com

2014

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $8

g-stockstudio / Shutterstock.com
g-stockstudio / Shutterstock.com

2015

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $8

a katz / Shutterstock.com
a katz / Shutterstock.com

2016

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $7.89

Check Out: Here's How To Retire Early and Quit the Daily Grind

Page Light Studios / Shutterstock.com
Page Light Studios / Shutterstock.com

2017

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $7.70

YinYang / iStock.com
YinYang / iStock.com

2018

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $7.55

Yaoinlove / Shutterstock.com
Yaoinlove / Shutterstock.com

2019

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $7.43

ChickenStock Images / Shutterstock
ChickenStock Images / Shutterstock

2020

  • U.S. minimum wage: $7.25

  • In 2020 dollars: $7.25

More From GOBankingRates

Gabrielle Olya and Amen Oyiboke-Osifo contributed to the reporting for this article.

This article originally appeared on GOBankingRates.com: Here’s What the US Minimum Wage Was the Year You Were Born

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