Found an interesting book in the break room today called “Remember When”. It has all sorts of information about the year I was born. In looking through it, I came across a page titled “Cost of Living” and was amazed at how much the average prices have changed in 35 years. Here are some that I wrote down.
New House - $27,600
Average Income - $11,859 / year
New Car - $3,853
Average rent - $165 / month
Tuition to Harvard University - $2,800
Movie ticket - $1.75
Gasoline - $.55 / gallon
Postage Stamp - $.08
Bacon - $.83 / pound
Eggs - $.45 / dozen
Ground Hamburger - $.64 / pound
Milk - $1.20 / gallon
Wow – How times have changed. It makes me stop and wonder sometimes about why the cost of living has gotten so out of control. Modern Technology and such is great - but at what cost. If you have to make 10 times the amount of money to keep up with the changing times, is it really worth it? Tough times ...