4 ms·
In a lot of cases it simply isn't feasible today. Remember; a Denny's waitress in 1980 has as much or more spending power than the medium salary with a college
by syn0byte 8y ago
In a lot of cases it simply isn't feasible today.
Remember; a Denny's waitress in 1980 has as much or more spending power than the medium salary with a college degree in 2018.
- css 8y ago[citation needed]
- GuiA 8y ago1980 minimum wage per hour: $3.10 1980 median house price: $47,200 = 15,225 hours of labor 2018 average out of college wage per hour: $20 2018 median house price: $320,000 = 12,800 hours of labor — Rough calculations with numbers plucked off google, if one wants to quibble over the numbers/data source/proportion of taxes in the calculation/importance of state where one resides/cost of university/etc. we certainly go that route; but the numbers certainly do not seem that dramatically far apart.