MuskyMelon@lemmy.world to Political Memes@lemmy.world · 1 day agoSenator can't mathlemmy.worldimagemessage-square63fedilinkarrow-up1454arrow-down122
arrow-up1432arrow-down1imageSenator can't mathlemmy.worldMuskyMelon@lemmy.world to Political Memes@lemmy.world · 1 day agomessage-square63fedilink
minus-squareKittyCat@lemmy.worldlinkfedilinkarrow-up5·8 hours agoSurprisingly it come out more or less equivalent, around 39% of an hour at minimum wage
minus-squareKittyCat@lemmy.worldlinkfedilinkarrow-up4·edit-27 hours agoThat’s much worse, in Iowa, average real cost has about doubled since 1953 Year Current Dollars Constant 2020 Dollars 2025 $1,027 $808 2024 $981 $807 2023 $943 $801 2022 $860 $761 2020 $808 $808 2000 $470 $724 1990 $336 $661 1980 $226 $688 1970 $99 $585 1960 $68 $516 1950 $43 $397 1940 $23 $370
Now do minimum wage
Surprisingly it come out more or less equivalent, around 39% of an hour at minimum wage
Great! Now do rent.
That’s much worse, in Iowa, average real cost has about doubled since 1953
Year Current Dollars Constant 2020 Dollars
2025 $1,027 $808
2024 $981 $807
2023 $943 $801
2022 $860 $761
2020 $808 $808
2000 $470 $724
1990 $336 $661
1980 $226 $688
1970 $99 $585
1960 $68 $516
1950 $43 $397
1940 $23 $370