I was searching for some understandings on my wages recently and found this interesting site. It includes an inflation calculator. Plug in the dollar amount and for what year, and it will calculate the equivilant to the year you desire. Such as: $5.00 in 1970 is equivelent to a bit over $30 now. Here is the site:
Want to see something interesting? Plug in the difficult wage your Daddy always used to talk about when he started out and see what that equates to now. For me, my father's so very difficult to handle starting wage is twice what I make.
Bring tissues.... this will hurt.