Minimum wage, federal · per hour · 1959 Verified
$1.00in June 1959 — about $11.48 in today's money.
- Figure in 1959$1.00
- Same money today$11.48
- Latest figure (2026) · June 2026$7.25
- Change since 1959+625%
History
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1959; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- FEDMINNFRWG
- Observed
- June 1959
- Coverage
- October 1938 – June 2026
- Adjusted by
- CPIAUCNS · 29.1 → 333.952 (June 2026)
- License
- Public domain