Buying Power Then Vs Now [RECOMMENDED]

Median income rose from ~$14k in 1990 to ~$42k in 2023, but the home price-to-income ratio jumped from 8.7x to 10x.

#BuyingPower #Inflation #FinancialLiteracy #Budgeting #MoneyTalk Option 2: The "Homeownership Reality" (1990 vs Now) buying power then vs now

In , a $100 shopping spree was a serious haul. Today, that same $100 only has about 25% of the purchasing power it used to. To buy what $100 got you in 1980, you’d need roughly $400 today . The Breakdown (Average Prices): Bread: $0.50 then ➡️ $1.93 now Eggs: $0.88 then ➡️ $4.95 now Gas: $1.13 then ➡️ $3.21 now Median income rose from ~$14k in 1990 to

The "Buying a House" debate: Is it really harder now? 🏠 To buy what $100 got you in 1980,

Inflation-adjusted home prices have nearly doubled since 1990.

Inflation is a natural part of growth, but it’s a reminder of why investing matters. Your cash needs to work as hard as you do just to stay in the same place! 📈