An Hour's Pay at Minimum Wage Can't Buy Two Gallons of Gas

Gas prices are so high and the federal minimum wage is so low that working for one hour at the federal rate can't buy two gallons of gas at the nationwide average price.

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With the federal minimum wage at $7.25, it now takes more than an hour of working to buy two gallons of gas at the average nationwide price of $3.77 per gallon. While the comparison, which comes to us via Politico's Dylan Byers, shows just how high gas prices are now, Tuesday's average price of a gallon is actually down 9 cents from last month's level, Christopher S. Rugaber of Associated Press explained. The minimum wage was last raised in July 2009 when the average price of a gallon of gas was around $2.60.

This article is from the archive of our partner The Wire.