4 ms·

Because inflation?

• jahnu 12y ago
  Yeah. I'm not an American but adjusted for inflation $100,000 in 1985 would be $221,508.36 today. That's pretty rich. You'd be in the top 5% with that.
• adventured 12y ago
  Yep. Since the year 2000: Median and average price of a home nationally is up about 50% (even worse in hot markets) US Dollar is down about 50% against the Swiss Franc US Dollar is down about 40% against the Canadian Dollar US Dollar is down about 30% vs. the Euro Gasoline is up over 200% Oil is up ~350% Gold is up 300% Silver is up 300% Cotton is up between 60% and 100% Corn is up 100% Average cost of a new car is up 40% to 50% And so on A $30k salary in 1990, is now roughly equivalent to $60k to $75k today. Six figures just doesn't buy anywhere near what it used to.