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Ed Pawlowski Ed Pawlowski is offline
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Default Home appliance cost in hours

On 3/10/2016 10:08 AM, Scott Lurndal wrote:
Ed Pawlowski writes:

I do recall spending $169 for a B & W 19" TV 50 years ago when I was
making about half that a week. Two weeks wages now would buy be a few
65" TVs today.


How do you figure? 80x7.25[*] = $580. I've not seen any 65" T.V.s
for $580. The nationwide mean salary is circa $50,000 which is $2000 for
two weeks. That might be enough to buy a nice 4k 65" TV, with little left over for
living expenses.

[*] Federal minimum wage.


Using the nationwide mean salary you are right. I was using my own wage
difference from then to now. You can get a 65" for about $1100. No
matter how you compare, you get a lot more TV today than you did 50
years ago, even 5 years ago.