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Can you live in a TV and eat it? Cause the average rent was $175 dollars a month http://www.littlehouseinthevalley.com/cost-of-living-comparisons http://www.li
by Fifth_Star 7y ago
Can you live in a TV and eat it? Cause the average rent was $175 dollars a month
http://www.littlehouseinthevalley.com/cost-of-living-comparisons http://www.littlehouseinthevalley.com/cost-of-living-compari...
- NoblePublius 7y agoThank you for proving my point that life is very different today than it was in 1973, and that comparing wages across decades is dumb.
- Four_Star 7y agoIt's inflation adjusted wages. As in adjusted for changes in average costs of living. Most people don't spend all their money on TVs. they spend it on food, housing, transportation, clothing and other things that existed in 1973. Furthermore, they adjust the inflation figure to account for changes in the technological utility of things
- mikeash 7y agoLife is not fundamentally different. Little details are different, but people still buy houses or pay rent, buy cars, buy food, pay for education, pay for entertainment, etc.
- Retra 7y agoEverything can be "very different" when you ignore all the things that are the same.
- j4kp07 7y agoSo, when factoring in inflation, the "average rent" of $175 in 1973 still seems...average. What's your point?
- refurb 7y agoAn average car cost $4,000. So about 1/10th. Applying that to rent, the rent would be $1750, which is pretty close.