this post was submitted on 26 Jan 2024
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cost of living 86 years ago (sh.itjust.works)
submitted 2 years ago by can@sh.itjust.works to c/4chan@lemmy.world
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[โ€“] ryannathans@aussie.zone 6 points 2 years ago* (last edited 2 years 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.

[โ€“] SkepticalButOpenMinded@lemmy.ca 1 points 2 years 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.