I'm old enough to remember the 50's. Gas was about 20 cents and my dad's yearly income was about 15K. (upper middle class in Texas)
Move the decimals on both one to the right and you have my husband and me with about the same standard of living today as then. (That first color TV was about 1/3 of a car then!)
Yep, and in the early 60's, a loaf of bread was 20 cents, today $2.00
Early 60's, a VW was $1800, now $18,000
Gas, 30 cents/gal, $3.00 today.
Amazingly astute analysis. I've noted for a long time that if you take the model number of a BMW and multiply by about 110, you get the approximate price of the car (pointless observation, I know).
When I graduated from HS in 1970, my dad said go to college and get a good job for $12K and live pretty well as a single guy. How quaint that sounds now.