2 ms·

yes, but rent and housing (inflation adjusted) were much cheaper.

• musicale 3y ago
  Higher education was drastically cheaper back then as well. For example, Berkeley tuition for was $510 for three quarters in 1981 ($1700 adjusted for inflation) vs. $12K for two semesters today. (Note that nonresidents also have to pay an additional $30K in "nonresident supplemental tuition.")
• quickthrower2 3y ago
  and we now need 4 ipads and iphones plus a few macbooks per family, but you only needed one of these
  • jgalt212 3y ago
    The money has to go somewhere. Apple, Disney, Taylor Swift, and many others are very good at grabbing the lion's share of the middle class wallet.
• ghaff 3y ago
  Well, it depends where. People were moving out of what we now consider "elite" US cities in droves well into the 1990s. So many of those cities were pretty inexpensive by today's standards. Of course, most of the jobs were out in the suburbs/exurbs where people actually wanted to live. But, yes, in general anything that's primarily electronic is (relatively speaking) ridiculously cheap today while desirable land and personal services cost a lot.