4chan

4258 readers

37 users here now

Greentexts, memes, everything 4chan.

founded 1 year ago

MODERATORS

brainschaden@lemmy.world

skyspydude1@lemmy.world

952

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

submitted 10 months ago by can@sh.itjust.works to c/4chan@lemmy.world

154 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] OldWoodFrame@lemm.ee 23 points 10 months ago (22 children)

Average income of $1,731/yr is equivalent to $37,393 in present dollars. Current average wage is $63,795.

[–] BillyTheSkidMark@lemm.ee 46 points 10 months ago (15 children)

Yes but a house would only cost $84,240 in todays dollars. It's all relative.

[–] Wolf_359@lemmy.world 32 points 10 months ago* (last edited 10 months ago) (8 children)

Which begs the question, is $1,731 really equivalent to $37,393? Because it sure sounds like we aren't using the right metric for that conversion.

[–] 52fighters@sopuli.xyz 2 points 10 months ago

Depends on what you want to buy. An inflation index uses select goods and services that are thought to represent the general economy but it'll be different for any one individual.

load more comments (7 replies)

load more comments (13 replies)

load more comments (19 replies)