What Was Your Salary Worth 50 Years Ago?
By Anthony Balderrama, PrimeCB.com writer
The past can teach us many things. We can see how unjust our society was to some people before major Supreme Court cases were decided. We can imagine how simple some aspects of life were before cell phones tethered us to work.
It’s also fun to look back and see just how much further a dollar seemed to go back then. Undoubtedly you’ve heard some relative reminiscing about the days when a nickel would buy you four movie tickets and you’d still have some change left.
For fun, we thought we’d see what some of today’s salaries would translate to in 1958 dollars. We’re not saying you would’ve made that exact amount 50 years ago, because many professions were quite different then and not all salaries increased at the same rate. Also, salary surveys weren’t conducted as extensively as they are now, so you can’t find some financial data from more than a few decades ago. And keep in mind that many of today’s jobs didn’t exist 50 years ago. Social media consultants and IT administrators weren’t job titles anyone had.
Measuring Worth is a Web site that compiles historical salary data from various sources and allows users to calculate different monetary figures such as inflation or purchasing power for specified periods of time. We found today’s average salaries and then used Measuring Worth to calculate the monetary equivalent in 1958 based on Consumer Price Index data, which include figures from 1774 to 2008.
Here are 25 contemporary jobs and their current salaries* compared with their monetary equivalent 50 years ago**:
Accountants
2008: $54,440
1958: $7,313
Administrative assistants
2008: $44,471
1958: $5,973
Automotive mechanics
2008: $34,565
1958: $4,643
Chefs
2008: $54,143
1958: $7,273
Construction workers
2008: $36,214
1958: $4,864
Dry cleaners
2008: $22,429
1958: $3,013
Elementary school teachers
2008: $53,020
1958: $7,122
Emergency medical technicians
2008: $35,609
1958: $4,783
Fast-food workers
2008: $19,833
1958: $2,664
Firefighters
2008: $52,293
1958: $7,024
Flight attendants
2008: $63,913
1958: $8,585
Grocery store managers
2008: $55,629
1958: $7,472
Commercial painters
2008: $41,120
1958: $5,523
Hospice workers
2008: $46,191
1958: $6,204
Janitors
2008: $25,725
1958: $3,455
Newspaper journalists
2008: $21,963
1958: $2,950
Personal trainers
2008: $46,049
1958: $6,185
Pianists
2008: $64,348
1958: $8,643
Plumbers
2008: $48,591
1958: $6,527
Police officers
2008: $52,801
1958: $7,092
Public relations representative
2008: $72,575
1958: $9,748
Registered nurses
2008: $66,427
1958: $8,923
Sales clerks
2008: $26,844
1958: $3,606
Surgeons
2008: $322,281
1958: $43,289
Veterinarians
2008: $93,685
1958: $12,584
*Salary figures based on data from CBsalary.com, powered by SalaryExpert.com
**Past salary figures based on data from Marketing Worth’s calculator for relative value of the U.S. dollar.
Anthony Balderrama is a writer and blogger for CareerBuilder.com and its job blog, The Work Buzz. He researches and writes about job search strategy, career management, hiring trends and workplace issues. Follow him on Twitter at twitter.com/abalderrama.
