Salary vs Inflation

 | Average Earnings Australia |

 | Average Earnings US |

It's your salary really increasing?

The average American earned $5 per hour in 1976, which is equal to $19.7 of today money (inflation adjusted).

Today the average salary is $18.8 per hour, which is at least 5% less earnings then in 1976.

This decline in earnings (real value) started in 1971 when United State of America abandon the gold standard.