☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 months ago40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’fortune.comexternal-linkmessage-square46fedilinkarrow-up11arrow-down10cross-posted to: news@lemmy.world
arrow-up11arrow-down1external-link40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’fortune.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 months agomessage-square46fedilinkcross-posted to: news@lemmy.world
minus-squareonkyo@lemmy.dbzer0.comlinkfedilinkarrow-up0·6 months agoYou are objectively wrong. Converted to 2022 dollars: Cost of a home 1972: $189,500 2022: $440,300 1971-72: $10,000 for a public four-year college 2021-22: $24,600 for a public four-year college Cost of a new car 1972: $26,100 2022: $48,200 Etc. Source: https://www.marketplace.org/2022/08/17/money-and-millennials-the-cost-of-living-in-2022-vs-1972/
You are objectively wrong. Converted to 2022 dollars:
Cost of a home 1972: $189,500 2022: $440,300
1971-72: $10,000 for a public four-year college 2021-22: $24,600 for a public four-year college
Cost of a new car 1972: $26,100 2022: $48,200
Etc.
Source: https://www.marketplace.org/2022/08/17/money-and-millennials-the-cost-of-living-in-2022-vs-1972/