A few years ago, I was in a similar situation: humanities, expensive East Coast city, still a grad student. I received $2600. It is still painful to calculate what the hourly wage worked out to be...
Actually, I just found out that another college -- not the one that requires the numbers in the cover letter -- has the pay as part of their announcement : $846.00 Per Credit, so assume that would come to 2,538 per 3 unit course. (both offer the same writing/lit courses I am applying to teach.) Yepp, you are so right!
Wow, I was right on the money!
It's pathetic, really, since I got that much FIVE years ago. Um, there's been quite a bit of increase in the cost of living since then. Which is why I scoff at the very thought that I should take pay cut to help my University out of its current budget crisis. Dudes, you've been screwing us by not giving raises, which amounts to a pay cut after inflation, all along.
<Yeah, I'm angry and hoping for some good, old-fashioned class warfare!>