The Mudcat Café TM
Thread #155175   Message #3648506
Posted By: Rapparee
05-Aug-14 - 10:07 AM
Thread Name: BS: Comparative historical values
Subject: RE: BS: Comparative historical values
My first "salary" back in 1958 was US $14 every two weeks -- for which I got to walk 3 miles in all weathers (not all uphill, though) delivering newspaper (about a 40 pound back on each segment of the delivery route, heavier on Sundays).

Purchasing power today would be about US $113.00. Purchasing power of my first "real" job's salary would today be about US $37,400 per year.

I prefer to use "purchasing power" because I feel that it has the real "flavor" -- what you can buy with it, such as a loaf of bread.

No way I could have afforded then or now to "tip" anyone, but if I could have afforded it I might have done so if only to get them out of my house.