Minimum Wage Increase compared to Inflation and buying capacity
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Minimum WageCost of Goods / ServicesCost of Goods as % of Minimum WageLabour cost of Goods & ServicesNon Labour Cost of Goods & ServicesIncrease to Minimum WageNew Minimum WageNew Labour cost of Goods & ServicesNew Cost Of GoodsNew Cost of Goods as % of New Minimum WageAdditional Buying Power
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$500.00$200.0040.0%$100.00$100.000%$500.00$100.00$200.0040.0%0.0%
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$500.00$200.0040.0%$100.00$100.005%$525.00$105.00$205.0039.0%1.0%
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$500.00$200.0040.0%$100.00$100.0010%$550.00$110.00$210.0038.2%1.8%
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$500.00$200.0040.0%$100.00$100.0015%$575.00$115.00$215.0037.4%2.6%
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$500.00$200.0040.0%$100.00$100.0020%$600.00$120.00$220.0036.7%3.3%
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$500.00$200.0040.0%$100.00$100.0025%$625.00$125.00$225.0036.0%4.0%
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$500.00$200.0040.0%$100.00$100.0030%$650.00$130.00$230.0035.4%4.6%
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$500.00$200.0040.0%$100.00$100.0035%$675.00$135.00$235.0034.8%5.2%
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$500.00$200.0040.0%$100.00$100.0040%$700.00$140.00$240.0034.3%5.7%
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$500.00$200.0040.0%$100.00$100.0045%$725.00$145.00$245.0033.8%6.2%
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$500.00$200.0040.0%$100.00$100.0050%$750.00$150.00$250.0033.3%6.7%
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$500.00$200.0040.0%$100.00$100.0055%$775.00$155.00$255.0032.9%7.1%
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$500.00$200.0040.0%$100.00$100.0060%$800.00$160.00$260.0032.5%7.5%
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$500.00$200.0040.0%$100.00$100.0065%$825.00$165.00$265.0032.1%7.9%
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$500.00$200.0040.0%$100.00$100.0070%$850.00$170.00$270.0031.8%8.2%
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$500.00$200.0040.0%$100.00$100.0075%$875.00$175.00$275.0031.4%8.6%
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$500.00$200.0040.0%$100.00$100.0080%$900.00$180.00$280.0031.1%8.9%
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$500.00$200.0040.0%$100.00$100.0085%$925.00$185.00$285.0030.8%9.2%
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$500.00$200.0040.0%$100.00$100.0090%$950.00$190.00$290.0030.5%9.5%
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$500.00$200.0040.0%$100.00$100.0095%$975.00$195.00$295.0030.3%9.7%
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$500.00$200.0040.0%$100.00$100.00100%$1,000.00$200.00$300.0030.0%10.0%
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$500.00$200.0040.0%$100.00$100.00105%$1,025.00$205.00$305.0029.8%10.2%
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$500.00$200.0040.0%$100.00$100.00110%$1,050.00$210.00$310.0029.5%10.5%
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$500.00$200.0040.0%$100.00$100.00115%$1,075.00$215.00$315.0029.3%10.7%
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$500.00$200.0040.0%$100.00$100.00120%$1,100.00$220.00$320.0029.1%10.9%
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$500.00$200.0040.0%$100.00$100.00125%$1,125.00$225.00$325.0028.9%11.1%
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$500.00$200.0040.0%$100.00$100.00130%$1,150.00$230.00$330.0028.7%11.3%
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$500.00$200.0040.0%$100.00$100.00135%$1,175.00$235.00$335.0028.5%11.5%
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$500.00$200.0040.0%$100.00$100.00140%$1,200.00$240.00$340.0028.3%11.7%
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$500.00$200.0040.0%$100.00$100.00145%$1,225.00$245.00$345.0028.2%11.8%
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$500.00$200.0040.0%$100.00$100.00150%$1,250.00$250.00$350.0028.0%12.0%
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$500.00$200.0040.0%$100.00$100.00155%$1,275.00$255.00$355.0027.8%12.2%
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$500.00$200.0040.0%$100.00$100.00160%$1,300.00$260.00$360.0027.7%12.3%
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$500.00$200.0040.0%$100.00$100.00165%$1,325.00$265.00$365.0027.5%12.5%
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$500.00$200.0040.0%$100.00$100.00170%$1,350.00$270.00$370.0027.4%12.6%
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$500.00$200.0040.0%$100.00$100.00175%$1,375.00$275.00$375.0027.3%12.7%
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$500.00$200.0040.0%$100.00$100.00180%$1,400.00$280.00$380.0027.1%12.9%
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$500.00$200.0040.0%$100.00$100.00185%$1,425.00$285.00$385.0027.0%13.0%
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$500.00$200.0040.0%$100.00$100.00190%$1,450.00$290.00$390.0026.9%13.1%
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$500.00$200.0040.0%$100.00$100.00195%$1,475.00$295.00$395.0026.8%13.2%
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$500.00$200.0040.0%$100.00$100.00200%$1,500.00$300.00$400.0026.7%13.3%
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$500.00$200.0040.0%$100.00$100.00205%$1,525.00$305.00$405.0026.6%13.4%
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$500.00$200.0040.0%$100.00$100.00210%$1,550.00$310.00$410.0026.5%13.5%
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$500.00$200.0040.0%$100.00$100.00215%$1,575.00$315.00$415.0026.3%13.7%
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$500.00$200.0040.0%$100.00$100.00220%$1,600.00$320.00$420.0026.3%13.8%
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$500.00$200.0040.0%$100.00$100.00225%$1,625.00$325.00$425.0026.2%13.8%
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$500.00$200.0040.0%$100.00$100.00230%$1,650.00$330.00$430.0026.1%13.9%
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$500.00$200.0040.0%$100.00$100.00235%$1,675.00$335.00$435.0026.0%14.0%
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$500.00$200.0040.0%$100.00$100.00240%$1,700.00$340.00$440.0025.9%14.1%
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$500.00$200.0040.0%$100.00$100.00245%$1,725.00$345.00$445.0025.8%14.2%
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$500.00$200.0040.0%$100.00$100.00250%$1,750.00$350.00$450.0025.7%14.3%
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$500.00$200.0040.0%$100.00$100.00255%$1,775.00$355.00$455.0025.6%14.4%
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$500.00$200.0040.0%$100.00$100.00260%$1,800.00$360.00$460.0025.6%14.4%
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$500.00$200.0040.0%$100.00$100.00265%$1,825.00$365.00$465.0025.5%14.5%
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$500.00$200.0040.0%$100.00$100.00270%$1,850.00$370.00$470.0025.4%14.6%
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$500.00$200.0040.0%$100.00$100.00275%$1,875.00$375.00$475.0025.3%14.7%
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$500.00$200.0040.0%$100.00$100.00280%$1,900.00$380.00$480.0025.3%14.7%
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$500.00$200.0040.0%$100.00$100.00285%$1,925.00$385.00$485.0025.2%14.8%
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$500.00$200.0040.0%$100.00$100.00290%$1,950.00$390.00$490.0025.1%14.9%
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$500.00$200.0040.0%$100.00$100.00295%$1,975.00$395.00$495.0025.1%14.9%
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$500.00$200.0040.0%$100.00$100.00300%$2,000.00$400.00$500.0025.0%15.0%
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$500.00$200.0040.0%$100.00$100.00305%$2,025.00$405.00$505.0024.9%15.1%
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$500.00$200.0040.0%$100.00$100.00310%$2,050.00$410.00$510.0024.9%15.1%
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$500.00$200.0040.0%$100.00$100.00315%$2,075.00$415.00$515.0024.8%15.2%
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$500.00$200.0040.0%$100.00$100.00320%$2,100.00$420.00$520.0024.8%15.2%
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$500.00$200.0040.0%$100.00$100.00325%$2,125.00$425.00$525.0024.7%15.3%
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$500.00$200.0040.0%$100.00$100.00330%$2,150.00$430.00$530.0024.7%15.3%
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$500.00$200.0040.0%$100.00$100.00335%$2,175.00$435.00$535.0024.6%15.4%
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$500.00$200.0040.0%$100.00$100.00340%$2,200.00$440.00$540.0024.5%15.5%
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$500.00$200.0040.0%$100.00$100.00345%$2,225.00$445.00$545.0024.5%15.5%
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$500.00$200.0040.0%$100.00$100.00350%$2,250.00$450.00$550.0024.4%15.6%
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$500.00$200.0040.0%$100.00$100.00355%$2,275.00$455.00$555.0024.4%15.6%
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$500.00$200.0040.0%$100.00$100.00360%$2,300.00$460.00$560.0024.3%15.7%
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$500.00$200.0040.0%$100.00$100.00365%$2,325.00$465.00$565.0024.3%15.7%
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$500.00$200.0040.0%$100.00$100.00370%$2,350.00$470.00$570.0024.3%15.7%
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$500.00$200.0040.0%$100.00$100.00375%$2,375.00$475.00$575.0024.2%15.8%
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$500.00$200.0040.0%$100.00$100.00380%$2,400.00$480.00$580.0024.2%15.8%
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$500.00$200.0040.0%$100.00$100.00385%$2,425.00$485.00$585.0024.1%15.9%
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$500.00$200.0040.0%$100.00$100.00390%$2,450.00$490.00$590.0024.1%15.9%
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$500.00$200.0040.0%$100.00$100.00395%$2,475.00$495.00$595.0024.0%16.0%
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$500.00$200.0040.0%$100.00$100.00400%$2,500.00$500.00$600.0024.0%16.0%
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$500.00$200.0040.0%$100.00$100.00405%$2,525.00$505.00$605.0024.0%16.0%
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$500.00$200.0040.0%$100.00$100.00410%$2,550.00$510.00$610.0023.9%16.1%
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$500.00$200.0040.0%$100.00$100.00415%$2,575.00$515.00$615.0023.9%16.1%
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$500.00$200.0040.0%$100.00$100.00420%$2,600.00$520.00$620.0023.8%16.2%
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$500.00$200.0040.0%$100.00$100.00425%$2,625.00$525.00$625.0023.8%16.2%
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$500.00$200.0040.0%$100.00$100.00430%$2,650.00$530.00$630.0023.8%16.2%
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$500.00$200.0040.0%$100.00$100.00435%$2,675.00$535.00$635.0023.7%16.3%
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$500.00$200.0040.0%$100.00$100.00440%$2,700.00$540.00$640.0023.7%16.3%
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$500.00$200.0040.0%$100.00$100.00445%$2,725.00$545.00$645.0023.7%16.3%
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$500.00$200.0040.0%$100.00$100.00450%$2,750.00$550.00$650.0023.6%16.4%
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$500.00$200.0040.0%$100.00$100.00455%$2,775.00$555.00$655.0023.6%16.4%
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$500.00$200.0040.0%$100.00$100.00460%$2,800.00$560.00$660.0023.6%16.4%
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$500.00$200.0040.0%$100.00$100.00465%$2,825.00$565.00$665.0023.5%16.5%
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$500.00$200.0040.0%$100.00$100.00470%$2,850.00$570.00$670.0023.5%16.5%
97
$500.00$200.0040.0%$100.00$100.00475%$2,875.00$575.00$675.0023.5%16.5%
98
$500.00$200.0040.0%$100.00$100.00480%$2,900.00$580.00$680.0023.4%16.6%
99
$500.00$200.0040.0%$100.00$100.00485%$2,925.00$585.00$685.0023.4%16.6%
100
$500.00$200.0040.0%$100.00$100.00490%$2,950.00$590.00$690.0023.4%16.6%
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