- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
3
Posted on 7/25/23 at 4:38 pm to Coldcushcush
quote:
considerly lower than today's home prices. but pay scales were too.
Compare the purchase price relative toe wages adjusted for inflation and tell me which one has gone up more.
Posted on 7/25/23 at 4:41 pm to Coldcushcush
quote:
considerly lower than today's home prices. but pay scales were too.
I mean, a new car was something like $20k in '81. Which was pretty frickin ridiculous. Especially, considering how shitty they were. That being said, we didn't buy new cars.
I mean, most things were somewhat high, but you didn't replace them constantly. Like I remember buying a nice console TV (27") for $750. It was a lot, but it would outlast most appliances today. Same for everything.
Posted on 7/25/23 at 4:54 pm to Coldcushcush
How much did you pay? We can quickly do the math and see who is right or not?
The median house price in 1981 was 69K, which would be the same as a 221k house in 2023. The median home price in 2023 is 416K.
The median household income in 1981 was 25k, so about 1/3 of the cost of the home. The median household income in 2023 is 80k, which is about 1/5 of the cost of the home.
The median house price in 1981 was 69K, which would be the same as a 221k house in 2023. The median home price in 2023 is 416K.
The median household income in 1981 was 25k, so about 1/3 of the cost of the home. The median household income in 2023 is 80k, which is about 1/5 of the cost of the home.
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News