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Minimum wages
Minimum wage
Minimum wages
Minimum wage
Real minimum wage (2023$)
United States
2023
$7.25
Overall
Sources:
Vaghul and Zipperer (2023)
|
Deflated using the extended Chained CPI-U
fit scale
recession shading
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Frequency
ANNUAL
MONTHLY
Time Frame
MAX
10yr
5yr
3yr
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Suggested academic citation:
Economic Policy Institute, State of Working America Data Library, "Minimum wage - Real minimum wage (2023$)," 2024.
Measure
Real minimum wage (2023$)
Geographic Focus
United States
Chart As