• Dr. Dabbles@lemmy.world
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    8 months ago

    $1,731 in today’s USD is $37,392. That new car would be $18k, rent was just over $500. There’s places in the US where average rent is close to that, and I bet if we removed NYC and the Bay area the national average wouldn’t be super far off.

    Education and staples are where you’re getting drilled on a daily basis. Harvard costs many times the average national income rather than being a fraction of it.

    • ryannathans@aussie.zone
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      8 months ago

      Someone’s overlooking the low low cost of buying a house back then. Essentially 2 years of salary. Housing where I live is now 20 years of median salary and about 19 years of average salary, and far more once you consider a loan.