Faculty Salaries in actual & current (2014)* dollars:
A record of average St. Olaf faculty salaries by rank and total, taken from reports submitted to the AAUP during the period 1964-65 – 2014-15. The tables below give the actual averages (on the left) and the corresponding averages in today’s dollars (on the right). See also a graph of the averages in current (year 2014) dollars.
| <- – – – – – – – – – Actual Dollars – – – – – – – – – -> | <- – – – – – – – – – Current Dollars- – – – – – – – – -> | ||||||||||
| Professor | Associate | Assistant | Instructor | Total | Professor | Associate | Assistant | Instructor | Total | ||
| 64-65 | $ 11,252 | $ 9,128 | $ 7,600 | $ 6,320 | $ 8,561 | 64-65 | $ 85,914 | $ 69,697 | $ 58,030 | $ 48,256 | $65,367 |
| 65-66 | $ 13,122 | $ 9,641 | $ 8,122 | $ 6,836 | $ 9,360 | 65-66 | $ 98,602 | $ 72,445 | $ 61,031 | $ 51,368 | $70,334 |
| 66-67 | $ 13,814 | $ 10,272 | $ 8,637 | $ 7,156 | $ 9,892 | 66-67 | $100,919 | $ 75,043 | $ 63,098 | $ 52,279 | $72,267 |
| 67-68 | $ 14,562 | $ 10,784 | $ 9,090 | $ 7,637 | $10,444 | 67-68 | $103,198 | $ 76,424 | $ 64,419 | $ 54,122 | $74,015 |
| 68-69 | $ 15,135 | $ 11,642 | $ 9,738 | $ 8,296 | $11,094 | 68-69 | $102,944 | $ 79,186 | $ 66,235 | $ 56,427 | $75,458 |
| 69-70 | $ 16,072 | $ 12,283 | $ 10,400 | $ 8,679 | $11,841 | 69-70 | $103,658 | $ 79,220 | $ 67,076 | $ 55,976 | $76,370 |
| 70-71 | $ 17,129 | $ 13,151 | $ 11,060 | $ 9,267 | $12,619 | 70-71 | $104,496 | $ 80,228 | $ 67,472 | $ 56,533 | $76,982 |
| 71-72 | $ 17,938 | $ 13,894 | $ 11,360 | $ 9,751 | $13,272 | 71-72 | $104,838 | $ 81,203 | $ 66,393 | $ 56,989 | $77,567 |
| 72-73 | $ 18,605 | $ 14,712 | $ 11,667 | $ 9,874 | $13,839 | 72-73 | $105,354 | $ 83,309 | $ 66,066 | $ 55,913 | $78,366 |
| 73-74 | $ 19,326 | $ 15,092 | $ 11,816 | $ 10,107 | $14,132 | 73-74 | $103,028 | $ 80,457 | $ 62,992 | $ 53,881 | $75,339 |
| 74-75 | $ 20,251 | $ 15,742 | $ 12,364 | $ 10,579 | $14,697 | 74-75 | $ 97,229 | $ 75,581 | $ 59,362 | $ 50,792 | $70,563 |
| 75-76 | $ 21,406 | $ 16,870 | $ 13,504 | $ 11,412 | $15,843 | 75-76 | $ 94,178 | $ 74,222 | $ 59,413 | $ 50,209 | $69,703 |
| 76-77 | $ 22,303 | $ 17,647 | $ 14,285 | $ 12,380 | $16,868 | 76-77 | $ 92,779 | $ 73,410 | $ 59,425 | $ 51,500 | $70,170 |
| 77-78 | $ 23,439 | $ 18,498 | $ 14,976 | $ 13,160 | $17,797 | 77-78 | $ 91,551 | $ 72,252 | $ 58,495 | $ 51,402 | $69,514 |
| 78-79 | $ 24,936 | $ 19,503 | $ 15,708 | $ 13,895 | $18,862 | 78-79 | $ 90,527 | $ 70,803 | $ 57,026 | $ 50,444 | $68,476 |
| 79-80 | $ 26,459 | $ 20,717 | $ 16,731 | $ 14,877 | $20,063 | 79-80 | $ 86,265 | $ 67,544 | $ 54,549 | $ 48,504 | $65,412 |
| 80-81 | $ 28,966 | $ 22,837 | $ 18,169 | $ 16,390 | $22,158 | 80-81 | $ 83,207 | $ 65,601 | $ 52,192 | $ 47,081 | $63,650 |
| 81-82 | $ 32,018 | $ 24,825 | $ 19,647 | $ 17,477 | $24,040 | 81-82 | $ 83,374 | $ 64,643 | $ 51,160 | $ 45,509 | $62,599 |
| 82-83 | $ 34,986 | $ 26,905 | $ 20,613 | $ 18,359 | $25,826 | 82-83 | $ 85,815 | $ 65,994 | $ 50,561 | $ 45,032 | $63,347 |
| 83-84 | $ 36,944 | $ 28,619 | $ 22,511 | $ 19,983 | $27,965 | 83-84 | $ 87,798 | $ 68,013 | $ 53,498 | $ 47,490 | $66,459 |
| 84-85 | $ 38,452 | $ 29,714 | $ 23,526 | $ 21,237 | $29,426 | 84-85 | $ 87,600 | $ 67,693 | $ 53,596 | $ 48,381 | $67,037 |
| 85-86 | $ 39,600 | $ 30,900 | $ 24,800 | $ 22,200 | $30,153 | 85-86 | $ 87,113 | $ 67,974 | $ 54,555 | $ 48,836 | $66,330 |
| 86-87 | $ 40,700 | $ 32,200 | $ 25,300 | $ 22,200 | $30,879 | 86-87 | $ 87,899 | $ 69,541 | $ 54,640 | $ 47,945 | $66,688 |
| 87-88 | $ 43,700 | $ 34,000 | $ 26,800 | $ 24,400 | $33,241 | 87-88 | $ 91,054 | $ 70,843 | $ 55,841 | $ 50,840 | $69,262 |
| 88-89 | $ 46,021 | $ 35,082 | $ 27,875 | $ 25,220 | $34,487 | 88-89 | $ 92,081 | $ 70,194 | $ 55,774 | $ 50,461 | $69,003 |
| 89-90 | $ 48,076 | $ 37,171 | $ 30,456 | $ 26,354 | $37,533 | 89-90 | $ 91,771 | $ 70,955 | $ 58,137 | $ 50,306 | $71,646 |
| 90-91 | $ 49,963 | $ 38,637 | $ 32,445 | $ 27,203 | $39,647 | 90-91 | $ 90,484 | $ 69,972 | $ 58,758 | $ 49,265 | $71,801 |
| 91-92 | $ 52,104 | $ 40,513 | $ 33,853 | $ 28,420 | $41,526 | 91-92 | $ 90,551 | $ 70,407 | $ 58,833 | $ 49,391 | $72,167 |
| 92-93 | $ 53,898 | $ 41,022 | $ 34,181 | $ 28,621 | $43,197 | 92-93 | $ 90,931 | $ 69,208 | $ 57,667 | $ 48,286 | $72,878 |
| 93-94 | $ 55,144 | $ 41,728 | $ 35,497 | $ 30,069 | $44,565 | 93-94 | $ 90,329 | $ 68,353 | $ 58,146 | $ 49,255 | $73,000 |
| 94-95 | $ 57,487 | $ 43,930 | $ 36,458 | $ 31,055 | $46,446 | 94-95 | $ 91,816 | $ 70,164 | $ 58,229 | $ 49,600 | $74,182 |
| 95-96 | $ 56,700 | $ 43,900 | $ 36,800 | $ 34,500 | $46,400 | 95-96 | $ 88,064 | $ 68,183 | $ 57,156 | $ 53,584 | $72,066 |
| 96-97 | $ 55,511 | $ 44,397 | $ 36,571 | $ 34,514 | $44,875 | 96-97 | $ 83,744 | $ 66,978 | $ 55,171 | $ 52,068 | $67,699 |
| 97-98 | $ 57,643 | $ 46,617 | $ 37,320 | $ 36,898 | $46,687 | 97-98 | $ 85,010 | $ 68,749 | $ 55,039 | $ 54,416 | $68,853 |
| 98-99 | $ 59,983 | $ 49,088 | $ 39,521 | $ 38,076 | $49,288 | 98-99 | $ 87,104 | $ 71,282 | $ 57,391 | $ 55,293 | $71,573 |
| 99-00 | $ 62,720 | $ 51,948 | $ 40,312 | $ 39,981 | $51,861 | 99-00 | $ 89,111 | $ 73,807 | $ 57,275 | $ 56,804 | $73,683 |
| 00-01 | $ 65,498 | $ 53,522 | $ 42,373 | $ 41,070 | $53,548 | 00-01 | $ 90,031 | $ 73,569 | $ 58,244 | $ 56,454 | $73,605 |
| 01-02 | $ 67,991 | $ 55,422 | $ 43,365 | $ 39,906 | $55,948 | 01-02 | $ 90,924 | $ 74,115 | $ 57,992 | $ 53,366 | $74,819 |
| 02-03 | $ 69,305 | $ 57,331 | $ 44,463 | $ 42,329 | $57,709 | 02-03 | $ 91,187 | $ 75,432 | $ 58,501 | $ 55,694 | $75,930 |
| 03-04 | $ 71,961 | $ 57,878 | $ 45,037 | $ 42,586 | $58,034 | 03-04 | $ 92,571 | $ 74,455 | $ 57,936 | $ 54,784 | $74,656 |
| 04-05 | $ 73,998 | $ 59,310 | $ 45,708 | $ 44,132 | $59,456 | 04-05 | $ 92,723 | $ 74,317 | $ 57,275 | $ 55,299 | $74,501 |
| 05-06 | $ 77,219 | $ 61,828 | $ 49,525 | $ 46,689 | $62,061 | 05-06 | $ 93,588 | $ 74,934 | $ 60,023 | $ 56,586 | $75,216 |
| 06-07 | $ 81,871 | $ 65,332 | $ 52,771 | $ 49,638 | $65,979 | 06-07 | $ 96,125 | $ 76,707 | $ 61,959 | $ 58,280 | $77,466 |
| 07-08 | $ 85,953 | $ 68,326 | $ 54,780 | $ 50,288 | $68,837 | 07-08 | $ 98,143 | $ 78,016 | $ 62,549 | $ 57,420 | $78,600 |
| 08-09 | $ 89,889 | $ 69,770 | $ 57,161 | $ 50,243 | $71,940 | 08-09 | $ 98,870 | $ 76,741 | $ 62,872 | $ 55,262 | $79,127 |
| 09-10 | $ 89,506 | $ 69,113 | $ 56,615 | $ 52,497 | $71,748 | 09-10 | $ 98,770 | $ 76,266 | $ 62,474 | $ 57,930 | $79,173 |
| 10-11 | $ 91,533 | $ 69,981 | $ 56,535 | $ 54,457 | $72,668 | 10-11 | $ 99,339 | $ 75,949 | $ 61,357 | $ 59,101 | $78,866 |
| 11-12 | $ 93,351 | $ 71,407 | $ 57,064 | $ 52,220 | $73,885 | 11-12 | $ 98,249 | $ 75,153 | $ 60,058 | $ 54,960 | $77,761 |
| 12-13 | $ 95,442 | $ 73,475 | $ 58,744 | $ 55,375 | $75,264 | 12-13 | $ 98,393 | $ 75,747 | $ 60,560 | $ 57,087 | $77,592 |
| 13-14 | $ 99,332 | $ 75,960 | $ 61,238 | $ 61,967 | $79,819 | 13-14 | $100,909 | $ 77,166 | $ 62,210 | $ 62,951 | $81,087 |
| 14-15 | $ 97,782 | $ 77,090 | $ 61,496 | $ 57,225 | $77,184 | 14-15 | $ 97,782 | $ 77,090 | $ 61,496 | $ 57,225 | $77,184 |
| Professor | Associate | Assistant | Instructor | Total | Professor | Associate | Assistant | Instructor | Total | ||
| <- – – – – – – – – – Actual Dollars – – – – – – – – – -> | <- – – – – – – – – – Current Dollars- – – – – – – – – -> | ||||||||||
* using Consumer Price Index, Federal Reserve Bank of Minneapolis. (as of 2/26/15)