Minimum wage, federal · per hour · 1957 Verified
$1.00in June 1957 — about $11.88 in today's money.
- Figure in 1957$1.00
- Same money today$11.88
- Latest figure (2026) · June 2026$7.25
- Change since 1957+625%
History
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1957; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- FEDMINNFRWG
- Observed
- June 1957
- Coverage
- October 1938 – June 2026
- Adjusted by
- CPIAUCNS · 28.1 → 333.952 (June 2026)
- License
- Public domain