$4,007.12
Indexing yearly income
| Year | Wage Index |
|---|---|
| 1957 | $3,641.72 |
| 1960 | $4,007.12 |
| 1963 | $4,396.64 |
| 1966 | $4,938.36 |
What was the average minimum wage in 1960?
$1.00
Value of the minimum wage, 1960–2011
| Minimum wage | ||
|---|---|---|
| Current dollars | 2011 dollars | |
| 1960 | $1.00 | $6.65 |
| 1967 | 1.40 | 8.25 |
| 1973 | 1.60 | 7.24 |
What was the average Australian wage in 1950?
Averaging it out £200 a year in 1920 (= $14,200) £250 in 1940 (= $21,500) £300 in 1950 (= $15,800)
What was the average wage in Australia in 1964?
30.70
Provides prices for groceries, houses and wages for Victoria, spanning the 19th and 20th century….Commonwealth basic weekly wage rates (adult males)
| YEAR | WAGE ($) |
|---|---|
| 1933 | 6.28 |
| 1943 | 9.80 |
| 1953 | 23.50 |
| 1964 | 30.70 |
What was the salary of a teacher in 1960?
| School year | Current dollars | Average public school teachers’ salary in constant 2007-08 dollars2 |
|---|---|---|
| Average public school teachers’ salary | ||
| 1959-60 | $4,995 | $34,692 |
| 1961-62 | 5,515 | 37,610 |
| 1963-64 | 5,995 | 39,846 |
How much did bus drivers make in 1960?
Bus Driver salaries ranged from $85-110 per month.
What was the hourly wage in 1960?
| Actual minimum wage (2016$) | Minimum wage if it had grown with productivity | |
|---|---|---|
| 1960 | $ 7.05 | $7.61 |
| 1961 | $ 8.03 | $7.84 |
| 1962 | $ 7.95 | $8.14 |
| 1963 | $ 8.52 | $8.42 |
How much did a bus driver make in 1960?
How much did a house cost in 1950 in Australia?
Prices for 1950: House: $7,150 Average income: $3,216 Ford car: $1339-$2262 Philco model 1403 TV: $199 Admiral “home entertainment” TV system: $549.50 12″ records: $4.85 10″ records: $2.85 Milk: $.
What is the average Australian wage 2020?
The average weekly ordinary time earnings for full-time adults in Australia in May 2020 was $1,714 (seasonally adjusted), up 3.3 per cent from November 2019, according to new Australian Bureau of Statistics (ABS) figures released today.
How much did nurses make in 1950?
Nurses were also required to purchase a cape after six months, which in the 1950s cost anywhere from $21-$30. After graduating, salaries for nurses at the time averaged $140 per month, but some hospitals paid as little as $90 per month.
How much were footballers paid in the 60s?
Footballers. In the 1960s footballers earned a lot less than they do today. In 1960 a professional footballer would get a wage of between £10 and £20 per week in the playing season. In the off-season they got between £8 and £17.
How much did a house cost in Australia in 1940?
Jun 23, 2017 · Even adjusted for inflation, the median home price in 1940 would only have been $30,600 in 2000 dollars, according to data from the U.S. Census.
What was the average price of a house in 1950?
$7,354
Here’s how much the median home value in the U.S. has changed between 1940 and 2000: 1940: $2,938. 1950: $7,354.
How much did a house cost in 1960?
In 1960, the median home value in the U.S. was $11,900, which is the equivalent of around $98,000 in today’s dollars, and in 2000, SLH notes, it rose to over $170,000. And it has only kept rising. As of April 2018, the median home value has ballooned to over $210,200, according to Zillow.
How much did a TV cost in 1960 UK?
Television. Televisions were expensive in the 1960s. A black and white set cost cost about £70 (or over £1000 allowing for inflation).
| Actual minimum wage (2016$) | Minimum wage if it had grown with productivity | |
|---|---|---|
| 1959 | $ 7.17 | $7.48 |
| 1960 | $ 7.05 | $7.61 |
| 1961 | $ 8.03 | $7.84 |
| 1962 | $ 7.95 | $8.14 |
Bus Driver salaries ranged from $85-110 per month. 1960 Nevis Aerial photo taken by Jim Hocking from Lolo, Montana, brother-in-law to the Westby’s. Non-professional substitute pay was $5 per day.
What was the average salary in Australia in 1965?
Source:News Corp Australia The average earnings for a week’s work in 1965-66 was $57 (around $740 in today’s dollars), and minimum wages for women were set around 30 per cent lower than for men. We measure average wages slightly differently now, but the newest data on average weekly earnings for Australia is $1160 per week.
When did the minimum wage change in Australia?
In many years there are no Court decisions which reflect the latest level of the basic wage, unless a new award is made using the latest basic wage. There were however Court decisions in 1931, 1937, 1946, and 1950 which changed the basic wage separately to automatic indexation.
What was the average salary in the 1960s?
In the 1960s, along with the Beatles and the Stones, there came inflation and wage growth. Average incomes increased from $12,400 in 1966, and to $36,890 in 1978. Doctors were now at the top of the heap, receiving three to four times the average salary.
What was the average weekly wage in Australia in 1928?
The book Black and white data book on the Australian motor industry contains a listing of approximate average male weekly wage earnings from 1928-2009, (pg 109-111). A good source for more detailed postage rates is Bradshaw’s guide to Victoria contains Labor Market Reports which details rates for occupations.
