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cost of living 86 years ago (sh.itjust.works)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 1 year ago (2 children)

$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.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

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.

[–] [email protected] 1 points 1 year ago

House sizes have also ballooned. The average home size in 1949 was ~900 sq ft, whereas a new home now is ~2500 sq ft. It was still cheaper, but those homes prices are for a lot less house than people are imagining.