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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[–] iquanyin@lemmy.world 0 points 2 years ago (1 children)

i don’t know wages then, so this doesn’t tell me anything except hey, prices go up.

[–] Razsiel@lemmy.world 0 points 2 years ago (1 children)

You can tell by the average income (2nd line), it being almost 50% of the price of a new house says pleeenty

[–] SocialMediaRefugee@lemmy.world -1 points 2 years ago

Homes were much smaller then and homeownership rates were lower.

Avg Size of homes: 1920: 1,048 square feet 1930: 1,129 1940: 1,177 1950: 983 1960: 1,289 1970: 1,500 1980: 1,740 1990: 2,080 2000: 2,266 2010: 2,392 2014: 2,657

Historical Homeownership Rate in the United States: 1940: 43.6% 2023: 66%