[OC] Graph of My Monthly Salary from 2019-2024 Adjusted for Inflation



[OC] Graph of My Monthly Salary from 2019-2024 Adjusted for Inflation

Posted by coke_and_coffee

12 comments
  1. Data Source: My monthly salary + CPIAUCSL Inflation Data from FRED (https://fred.stlouisfed.org/series/CPIAUCSL)

    Tools: Microsoft Excel

    Given the high inflation rate of the past few years, I wondered what my \*real\* salary looked like for a job I started in Oct of 2019. So I adjusted it on a monthly basis using CPI data from the Bureau of Labor Statistics.

    Many months during 2021 and 2022, my salary was actually \*less\* than when I started, despite quite sizable yearly raises. I now make $111k yearly but this is equivalent to only $90k in 2019.  I am a chemical engineer with a PhD. Male/36

    I thought this would be useful for visualizing how inflation can make you feel like you’re falling behind. It sure did for me.

    Edit: I can provide the formulas/spreadsheet used to make adjustments if anyone is interested.

  2. This is beautiful, and kinda sad. We think we’re making progress, but technically we aren’t.

    A 24K salary increase from 2019 to 2024, and you’re ‘only’ really making 6K more per year.

  3. It could be interesting to show the adjusted-pre-salary too, idk. It almost seems like you’re leaving a piece out of the puzzle here with the way you’re showing 3/4 lines

    Sharp looking graph though, neat to see.

  4. Very interesting data.

    Same job?

    At least for my changing jobs is what really helped me exceed inflation for wage growth.

  5. @OP: Could you possibly share the spreadsheet version? Would love to look at the same for myself

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