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The average annual salary in 1900 was in the range of $450. That's about $14k today. What's worse, that when norms dictated a ~60 hour week and households, even
by topkai22 6y ago
The average annual salary in 1900 was in the range of $450. That's about $14k today. What's worse, that when norms dictated a ~60 hour week and households, even at the low end of the spectrum, were often single earner.
While "rich" is over stating it, based on purely inflationary measures $20k in 2020 (or $645 in 1900) was not bad pay.
- cercatrova 6y agoSure. We can still do better though.