I got a full time job in 1994 at $8.50 an hour. It was 40 hours a week. That comes out to $17,680. In 2010 dollars that is $26,013.58. The took I used says there is a 47.1% inflation differential.
In 1996 I started at a big company for $15 an hour. That is $31,200, or $43,360.84 in 2010 dollars.
When I left that large company for a smaller one I was making right about $50,000 a year. That is $55,825.65 in 2010 dollars.
I'm not going to give amounts for the new company. Hopefully folks understand.
In 1988, I got a job at a grocery store for $4.50 an hour. It was nowhere near a full time job, but I'm going to throw it in as a full time job just for fun. Get this $4.50 an hour in 1988 was nearly the same as $8.50 an hour in 1994 after adjusted to 2010 dollars.
Inflation tool I used.
Based on 2010 dollars
Year | actual | adjusted |
1988 | $9,360 | $17,252.70 |
1994 | $17,680 | $26,013.58 |
1996 | $31,200 | $43,360.84 |
2005 | $50,000 | $55,825.65 |
2010 | Not disclosed | Not disclosed |
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