It is often easy to figuratively compare today’s costs with how much things “used” to cost. However, we don’t always have the numbers to use in the comparison, which is why we are sharing this table today.
If it seems like housing, auto, and education costs are a bigger portion of your paycheck today, then you are right. On average, this is true. It’s easy to see why the amount of college loan debt and car loan debt are steadily increasing. It’s also easy to observe why it is increasingly difficult to achieve the “American dream”. Continue reading