As we come up on an election year, have you ever wondered how much the commander in chief gets paid?
Quite a hefty amount apparently.
The president is paid $400,000 a year, on a monthly basis, and the president is allowed an extra $50,000 of expenses on top of that.
The first president of the United States, George Washington, earned $25,000 a year.
This may not sound much compared to $400,000, but given the cost of inflation, the oldest year the inflation calculator counts for starts in 1913, and $25,000 plugged in, is equivalent to about $600,000 today.
Still not impressed? 1913 is a long way from 1789 when George Washington came into office.
Between 1789 and now, there have been five pay raises for the Commander in Chief, with the latest happening in 2001, when Congress doubled the presidential salary from $200,000.
Keep in mind that this is just his salary for being the president, most presidents have income sources from multiple places.
The cherry on top?
When the president leaves office, he is still on government payroll, which includes an annual pension of about $200,000, health care, paid official travel, and an office.