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Bygone Era (lemmy.zip)
submitted 1 month ago* (last edited 1 month ago) by balderdash9 to c/[email protected]
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[-] [email protected] 118 points 1 month ago

So maths time...

If that cart is a weeks of groceries, it takes 1250 weeks of groceries to buy a house in 1980.

According to a 2024 USA today article the average family with kids spends $331 per week on groceries.

If the groceries per house ratio stayed the same, a house would be $413,750 in 2024.

The U.S. median home price was $412,000 in September 2023, according to Redfin.

I dunno seems pretty proportionate.

[-] [email protected] 212 points 1 month ago

That's not the issue.

Average annual household income in the US in 1980 was $20,020- 42% of a house (average cost of a house in the US in 1980 was actually $47K).

https://www.census.gov/library/publications/1982/demo/p60-132.html

Average annual household income in the US in 2022 was $74,580- or 18% of a $412K house.

https://www.census.gov/library/publications/2023/demo/p60-279.html

[-] [email protected] 73 points 1 month ago

And "household income" definition also changed: at the time the most common was that only the man of the household was working. So I'd say we are down to a quarter of what was earned then.

[-] [email protected] 14 points 1 month ago

Damn. That’s some depressing perspective right there.

[-] [email protected] 47 points 1 month ago

I think the most important context is minimum wage.

In 1982 a full-time job making $3.35 an hour is pulling in approx $6,700 a year. Or 14% of the price of a house.

In 2022, that same worker, working the same number of hours at minimum wage $7.25 an hour is bringing in $14,500 a year. Or 3.5% the price of a house.

The same for groceries. THAT is the fucked up part. It's what happens when people seem OK with 50 trillion dollars going from the bottom 90% to the top 1% over the past several decades.

[-] [email protected] 10 points 1 month ago

I mean, that minimum wage should be higher though.

At the same time, if you doubled it, it would still be half as much of a percentage of a house.

No matter which way we slice this up, were fuckkkkkkked

[-] [email protected] 6 points 1 month ago

Yeah minimum wage should be quadrupled at the least. But I think the US should have a 50 dollar minimum wage.

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[-] xenspidey 4 points 1 month ago

I think that's a little unfair of a comparison. The average house price in the US is $495k. The average house price in Ohio is $273k. Let's take Brooklyn for example. In the 80's houses were cheap in comparison to today. Ohio in the 80's were probably on par for what they are today. There was no silicon valley in the 80's. You didn't have as much of the super rich mega mansions back then. So yeah, it's going to sway the numbers.

[-] [email protected] 7 points 1 month ago* (last edited 1 month ago)

If we're going to have super rich mega mansions, then we should be taking care of everyone at a proportionate rate. If we're not, then the tax for the rich is too low.

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[-] [email protected] 73 points 1 month ago

Income. Everything else can be proportional, but if income isn't, we're fucked.

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[-] [email protected] 29 points 1 month ago

I agree the inflation would not be a huge deal but only if incomes had kept up. Couples are struggling to exist today doing two jobs (or more) each of which could have supported a small family just decades ago.

[-] [email protected] 26 points 1 month ago

Furthermore:

  • $25.00 in 1970 is worth $202.03 today
  • $25,000 would be $202,030
  • Home prices vary wildy depending on location and size of the home. It does not seem unreasonable that someone could spend $200 a week on groceries and live in a $200K home.
[-] [email protected] 15 points 1 month ago

So the real question is how did pay in the most common industries keep up with inflation. I don’t think anyone is disputing costs rising at comparable rates. It’s our ability to keep up as earners.

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[-] [email protected] 24 points 1 month ago

They also did it on a single income back then.

[-] [email protected] 11 points 1 month ago

Combining your comment with this sibling reply, you could say that individual income didn't drop by 1/2 relative to the cost of a house; it dropped by 3/4.

[-] [email protected] 21 points 1 month ago

The ratio of interest isn't groceries:housing, it's income:CoL

The first ratio may have stayed rather consistent, but the second has not.

[-] [email protected] 13 points 1 month ago

Inflation vs income

Income hasn't kept up with inflation, so you have a widening gap

The prices may be proportional, but the average "purchasing power" has decreased. Most family units have more than a single income now, but they still struggle.

Inflation goes up (which devalues our income), but our wages have gone up much slower... so we have a widening gap of "purchasing power" that people's budget can feel

The "prices" may be proportional, but the ability to afford them is certainly not

[-] [email protected] 13 points 1 month ago

So now please do the comparison to income, based on what you think these people bring home.

[-] [email protected] 11 points 1 month ago

It never said it was a week's worth of groceries.

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[-] [email protected] 75 points 1 month ago

Anybody else find it funny that her cart is just full of junk? No fresh fruit or vegetables to be seen. Some things never change in America.

[-] [email protected] 24 points 1 month ago

Therenwas a time in the mid century where these things would be seen as great innovations. All the nutricional (i.e. Calories) without the hassle. Vitamins were discovered during the first half of the 20th century and it would take a while for science to conclude that all this processed food was total junk.

[-] [email protected] 11 points 1 month ago

The fresh vegetable section is the first aisle in most grocery stores that I can think of. Any fresh fruit or vegetables she got would be at the bottom.

[-] [email protected] 12 points 1 month ago

That’s insane. Sure they’re in the first aisle but they’re either sitting in the baby seat or making their way to the top as I’m loading other stuff.

I don’t like my fruit and veg all battered and bruised.

[-] [email protected] 5 points 1 month ago

But her husband likes his fruits and veggies the same way he likes his wife...

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[-] [email protected] 10 points 1 month ago

It wasn't so popular back then, people ate processed food without fear, organic thing became popular more than 20 years later

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[-] [email protected] 10 points 1 month ago

Looks to be all grains. I see so much pasta.

[-] [email protected] 11 points 1 month ago

Even the picture itself is grainy

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[-] [email protected] 52 points 1 month ago

Not pictured: 8 bottles of wine and two cartons of cigarettes.

[-] [email protected] 27 points 1 month ago

Is that place on fire?

[-] [email protected] 26 points 1 month ago

Tbf she had to afford this with her 0$/hr wage

[-] [email protected] 8 points 1 month ago

And her countless hours of unpaid labor!

Which oof sure, being a housespouse is often way harder and more responsibility than people would think (even the ones who benefit from it) .. but damn being a housewife in the 50s? You know how much harder it was to cook back then?! Do laundry or vacuum or probably literally any household chore is so much easier and faster than today. Hell, even taking out the trash is easier not having to drag Oscar's heavy ass house to the curb.

[-] [email protected] 25 points 1 month ago

Between working her $3 an hour job

[-] [email protected] 19 points 1 month ago

At least $3.10 per hour, thank you very much! That's the same as $12.49 now.

[-] [email protected] 13 points 1 month ago

Holy crap I was just guessing l didn't think I'd be somewhat accurate.

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[-] [email protected] 22 points 1 month ago

That’s also the average looking 35 year old from that time period.

[-] [email protected] 14 points 1 month ago

This is 1970s, not 80s . Pretty sure a cart full o groceries was way over $20 in the eighties, after a card full of collected grocery chain stamps was saved and turned in. Inflation and all that.

Anyway.. how bout some Suzy Qs, 'Chun King' (is that oriental flavor?), Kraft Mac N Cheese...and Hawaiian punch?

Break out the silver and spic-and-span those no-wax floors; the gobnah's comin ovah to-nite!

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[-] [email protected] 10 points 1 month ago

I'm so glad we moved past Suzy-Qs.

[-] [email protected] 10 points 1 month ago

Spent $350 on a single cart of groceries today, nearly lost my mind at how bad it's gotten.

[-] [email protected] 4 points 1 month ago

What the hell are you eating? Gold flaked wagyu beef or something?

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[-] [email protected] 7 points 1 month ago

Millennials look at the 80s like how boomers look at the 50s

[-] [email protected] 6 points 1 month ago* (last edited 1 month ago)

1980 was not prosperous times. I remember us using food stamps. My dad was working in a hospital kitchen and stole food from work to feed us. Inflation was crazy, gas went up to about $1.80 (in 1980 dollars) and the Reagan era mass unemployment of 1982 was just around the corner. Jimmy Carter famously told the nation to wear a sweater in winter when people couldn't afford heating.

Our family of four lived in a small two bedroom duplex in 1980.

I do have fond memories from back then, but it had nothing to do with prosperity. It was that I was always over at Grandma's house and Grandma was a god damned saint who walked among us.

Go ahead and downvote and deny the realities of a time you probably weren't even alive.

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this post was submitted on 31 May 2024
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