Yeah but in the 50’s you probably only earned $15/$30 a week
2024-03-06 07:26:24
86
spamton :
it's crazy how I will never own a house
2024-03-05 22:30:39
4350
ortuno.ce :
For $16k you can get one semester at university not including books or housing. Just tuition 😭
2024-03-06 01:16:17
2833
Trevor Knapp Jones :
Saving you guys a google: 60 dollars in the fifties is 779 today. Average mortgage payment is three times that even with inflation taken into account
2024-03-05 23:37:02
3866
ScanningNetwork :
The median household income in 1970 was $8500.
2024-03-15 15:44:01
11
Ocean_King87 :
Damn inflation… It’s so difficult that $16,000 is a whole used car from 2014.
2024-03-06 04:06:28
2455
Butters :
I pay 16... hundred... a month....... to RENT
2024-03-06 01:16:54
12
Ibfuelish :
How is it that people don’t understand inflation
2024-03-06 16:34:18
45
lo.palese :
I mean in the 1950s the minimum wage average was 75 cents so…😅
2024-03-09 00:29:46
13
Chris Manzi :
everyone thinks the income was the same? $3,100 was the median ANNUAL income in 1950...
2024-03-05 23:49:41
30
Stephanie :
My grandparents bought their house in 1970 for $8,400.
2024-03-06 01:03:11
661
Richard :
Minimum wage was $.75 an hour and 1950
2024-03-05 22:45:20
29
Justice :
But they also got paid a lot less! So how 16,000 was a lot to them!
2024-03-10 21:06:49
17
adiazsandiego :
In 1950 minimum wage was $0.75 so I mean perspective. Yes things aren’t cheap that’s for sure but owning is possible!
2024-03-07 06:22:13
25
Phoebe Lo :
For $16k I can’t even get a decent RV at a trailer park 😒
2024-03-06 05:12:40
15
6.2_vortec :
What’s crazy is my 75 year old neighbor and I where talking the other day, his rent when he first got out on his own was $10 a month, he made $50 a week but the difference compared to now is obvious
2024-03-15 11:17:45
25
sdanley73 :
my parent's paid 25k in 73. they were 18 & 19yrs old.
2024-03-05 23:22:56
81
Sean Biggs :
my grand parents sold their 2200 sq ft house in 1963 for $25k. my Grandpa made $7,200 a year.. it's all relevant
2024-03-06 01:25:47
31
Wyatt Laberge :
in the 1950s the average hourly wage was about 1.50$ an hour now it's like 17$🤷🏻♂️
2024-03-07 21:33:48
17
rebel :
16k in 1950 is like 200k today, more normal pricing, but most houses 400k and pay didn't keep up at all
2024-03-06 05:20:55
14
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