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Can you live in a TV and eat it? Cause the average rent was $175 dollars a month

http://www.littlehouseinthevalley.com/cost-of-living-compari...


An average car cost $4,000. So about 1/10th. Applying that to rent, the rent would be $1750, which is pretty close.


Now do that same analysis with average/mean pay scales and compare. Then the article will make sense.


1. Are you sure that the average car doesn't cost $25k, instead?

2. What was the average wage?


[flagged]


It's inflation adjusted wages. As in adjusted for changes in average costs of living. Most people don't spend all their money on TVs. they spend it on food, housing, transportation, clothing and other things that existed in 1973. Furthermore, they adjust the inflation figure to account for changes in the technological utility of things


Life is not fundamentally different. Little details are different, but people still buy houses or pay rent, buy cars, buy food, pay for education, pay for entertainment, etc.


Everything can be "very different" when you ignore all the things that are the same.


Production and non-supervisory is most people


It's probably less "most people" than it was in 1973, though.


Why would that be the case? Has there been a significant spike in farm workers or managers per capita?


Well, I was assuming that people like engineers and programmers weren't "production". There are more of them now than there were in 1973, and fewer factory workers.


Yeah, for service industries, it counts anyone not in a supervisory role, so it'd include them as well. :)


Maybe, but I can't tell by looking. It appears to be roughly the same to me. But my subjective assessment is meaningless. We'd need data.


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