this post was submitted on 23 Dec 2024
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[–] Dagwood222@lemm.ee 62 points 1 day ago (2 children)

I paid $6.00 for a small coffee and a donut recently.

$81,000 isn't a lot of money

[–] ByteOnBikes@slrpnk.net 14 points 23 hours ago (1 children)

I bought lunch for my team of five and it came to $75 with tip.

Fuck me. This was like basic sandwiches, chips, and a soda.

Next time, I'll just bring them over to my house and make steaks for everybody for the same price.

[–] Dagwood222@lemm.ee 7 points 16 hours ago

One thing people don't realize is how cheap luxuries used to be.

When the average salary was about $5,000, you could get a top of the line Cadillac or a Jaguar for $6,000.

Today the average is about $60,000 and supercars are in the million dollar range.

School kids used to be able to buy courtside seats for a game, or see a Broadway show.

Heck, a mocvie and a pizza out used to be a cheap date, now it can run a couple $100

[–] huginn@feddit.it 16 points 1 day ago (1 children)

The equivalent of 81k today is 62k in 2016.

If you graduated in 2016 and entered the workforce 62k would've been starvation wages in a lot of cities, but could sit you ok most other places.

[–] Dagwood222@lemm.ee 11 points 1 day ago

In 1960 the minimum wage was $1.00 an hour in the US. The price of the average US home was $11,000.00.

Today it takes two college grads to achieve what a high school drop out could do 70 years ago. Progress!