Fiat Watch

Minimum wage inflation calculator

Hourly pay only tells part of the story. Convert an old minimum wage, starting wage, or hourly rate into today's purchasing power.

When to use this calculator

  • Convert an old minimum wage into today's dollars.
  • Compare starting wages and hourly pay across years.
  • Estimate how much purchasing power an hourly rate gained or lost.

Need a different amount or year? Use the full CPI inflation calculator to compare any U.S. dollar amount from 1913 through 2026.

Example searches

These examples all use annual CPI-U data from the U.S. Bureau of Labor Statistics.

Frequently asked questions

How do I calculate minimum wage inflation?
Enter the hourly wage, choose the year it applied, and select the comparison year. Fiat Watch converts it with CPI-U.
Does this compare federal or state minimum wages?
It compares the dollar amount you enter. You can use federal, state, local, or employer-specific hourly wages.
Can I convert hourly pay to annual pay here?
This calculator compares the hourly dollar amount itself. To compare annual pay, enter the annual salary amount on the main calculator.