Gary Janosz
Oct 8, 2023

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They were making $2.75 an hour when the cost of an average house was $11,900, compared to $33.88 today when the average house costs $405,020.

2.75/11,900 = 33.88/146,608

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2.75/11,900 = 93.59/405,020

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To purchase a home today that would compare to a purchase in the 60s, a worker would need to make $93.59 per hour.

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Wages of $33.88 equates to a home value of $146,606. I don't think workers are better off today.

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Gary Janosz
Gary Janosz

Written by Gary Janosz

Finding the humor in a world of frustration. Always learning, usually the hard way.

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