Wages up 35 percent since 2020, Jeremy Horpedahl notes

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24.08.2026

Wages up 35 percent since 2020, Jeremy Horpedahl notes — Wages climb 35 percent since 2020

Jeremy Horpedahl highlights that wages have increased by 35 percent since 2020, with a notable 12 percent rise also cited.

He points out this growth outpaces the increases in grocery and rent costs, but is slightly less than gains seen in fuel and utilities.

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Horpedahl has previously compared half of the U.S. average hourly wage in 1984 at $4.25 with $16.20 today, showing a substantial long-term rise in wage levels (link). He has also noted that a $100,000 starting salary placed a family in the top 10% of U.S. incomes in 1996, roughly three times the median male annual income at that time (link). These past comparisons provide context for the rapid wage growth seen in recent years.

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