r/SipsTea • u/Icy-Book2999 Fave frog is a swing nose frog • 5d ago

1980 Minimum Wage vs 2024 College Graduate Wait a damn minute!

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From https://youtube.com/shorts/zYp0YVc0c-E?si=ARuvJZuxcYXP6sF1

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u/Fridaybird1985 4d ago

1981 my wife and I working minimum wage made about 9k. Our fire trap upstairs studio apartment was $125 a month and in easy walking distance to shopping, movie theater, laundry mat, parks, and banks, utilities, to pay bills. It took our kids moving out and making a life of their own for me to really understand how fortunate we were and how much more difficult it is for young adults.

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u/Jyil 4d ago

Thats $32k equivalent in today’s money.

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u/Fridaybird1985 4d ago

$1900 a month for a studio apartment in our area.

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u/Jyil 4d ago

It’s the same for me here, but where I was before it was $1200