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Things just don’t really convert neatly because the shape of what people spend money on in life hasn’t evolved uniformly.

Food appears somewhat cheaper, housing much cheaper; but clothing and tools/appliances were much more expensive. Things like student debt and healthcare costs are also interesting to compare and wildly differ over time & place.

Also common for the average middle class person to spend a sizable percentage of their income on travel/vacation today; as I understand it that was quite uncommon before the mid 20th century.



Travel and vacation were much rarer. Many jobs gave only 2 weeks a year of vacation. Many jobs didn't include travel. That's changed with the invention of cheap airlines. Alas, some like SWA have changed their business model.


I use "super-baskets" like say US GDP per capita

>The June 1940 photograph along Hwy 1 in Maryland had $0.05 hotdogs ($1.17) and $0.10 burgers ($2.34).

1940 $779 to today's $94K GDP per capita gives $6 for the 1940 $0.05 hotdog.


GDP is not distributed equally by any means, so meaningless as a per capita figure in this context


94K GDP/Capita for US is wildly off it’s around 66K.


IMF 94K

https://www.imf.org/external/datamapper/NGDPDPC@WEO/USA/DEU

you're probably still in 2020 when it was 66K :) That is the real inflation here.




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