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zoolakejeff t1_jaam2rz wrote

I would say 5 dollars is the new 1 dollar more than 10 being the new 5.

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Thenyn-Vorgha t1_jaamiau wrote

By that math, 25 would be the new 5.

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zoolakejeff t1_jaaohca wrote

It's not a math thing that you can just multiple. It's more of what a low price is considered.

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DDDlokki t1_jaap8mn wrote

And I thought he's talking about inflation

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HiddenCity t1_jacto47 wrote

I measure in sandwiches. A $6 sandwich 10 years ago is $15-$20 today.

Edit: maybe 15 years.

Also when I was a little boy in the 90s school lunch cost $1.50.

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got_lukky t1_jad185f wrote

In 2013 you couldn’t buy a $6 sandwich worth having

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HiddenCity t1_jad1b5y wrote

15 years then.

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got_lukky t1_jad1kvl wrote

Lol, it’s just weird that we say 10 years right now and we feel like it’s early 00’s. Or at least I do. Really 10 years is the new 20 years rn. The 00’s are as close to the 80’s as we are to the 00’s

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HiddenCity t1_jad1q06 wrote

I think we are just getting old... mixed with the covid timewarp blackhole

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Rapture1119 t1_jadw86v wrote

Yeah dude that covid timewarp really fucked me up. It was not a joke lol. Like I could be fully convinced that we spilled over into another timeline at some point during covid cause that’s the only thing that explains why my sense of time is SO FUCKED UP now 😂😂

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ShinaiYukona t1_jaejv37 wrote

Subway still had their $5 footlongs at some locations back then. Not that you're wrong or anything, just 2013 is a lot better than 2016 where every location had stopped selling them altogether.

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got_lukky t1_jaelxbx wrote

True facts. I didn’t realize how bad it had got, but they be expensive these days

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Dontsleeponlilyachty t1_jaaz4mq wrote

This. I remember 1.25lb loafs of wheat bread going for $1.99 less than 8 years ago. I bought a bread maker to save money since that same loaf is now $5.00, but after calculating the cost of individual ingredients, I spend almost $1.80 to make a 1lb loaf of wheat bread. It's obscene!

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HolyVeggie t1_jacyvwg wrote

You have to remember that the huge companies produce bread in much bigger amounts which means it obviously has to be more expensive! /s

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CheezDanishAnusSmell t1_jabah4i wrote

I think we’re past both of those. For me, it’s like 20 is the new 10. When I used to sneak into strip clubs in the 90s, lap dances were $5. By the time I turned 21 or 22, they were $10. Six or seven years ago, they were $20. I wonder what they are now.

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sun_of_a_glitch t1_jabk84r wrote

Jeez, fresh out of basic in early 00's, they were 40. Outside Charleston

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Guildenpants t1_jabutcq wrote

Still 20 usually, believe it or not

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z57 t1_jabynhv wrote

Flaccid wage growth in all sectors

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qzlr t1_jabn21h wrote

What is this r/WallStreetBets?

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got_lukky t1_jad156j wrote

Yeah, that’s a 500% increase vs a 200% increase

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shogunhitotiri t1_jaasla7 wrote

But I don't make enough money to spend it like it's five dollars.

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pantstoaknifefight2 t1_jaauvgg wrote

I make enough money these days, but I was at the store and thought about getting a ginger and lemon kombucha, which used to be $3.50 and is now, a few months later, $4.00-- I thought to myself, welp, I guess I'll never drink another kombucha for the rest of my life.

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pearlsbeforedogs t1_jab74d4 wrote

That just means it's time to invest in a new hobby and buy all the equipment, ingredients, and miscellaneous crap required to make it! At the very least, after looking into the process and price of that, $4 either won't seem like so much, or you'll have a new and interesting hobby. Either way, time successfully wasted.

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pantstoaknifefight2 t1_jab8aeg wrote

I like where you're going with that, but I've seen videos on that weird fermenting thing in kombucha that looks like afterbirth/placenta and noooooo thank you!

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pearlsbeforedogs t1_jab8x1y wrote

Hahaha!! Yes, I had an ex that was into making stuff. He successfully brewed a couple of batches of beer and then wanted to get into kombucha. The yeast patties are certainly... interesting. (I have also forgotten the name and am too lazy to go look it up at this point. I know they call them mothers sometimes.)

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rudolf2424 t1_jabwpv1 wrote

I know back in the day where making 3k+ a month here in germany was a good wage wich could u get a house and could probably let your wife stay at home. Im now making 4k+ a month and it feels like a scratching the poverty line

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ForceOfAHorse t1_jabztka wrote

Over last 3 years I went up from earning 7k to 13k (my local currency) and I feel like I can afford less than 3 years ago.

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Nano1704 t1_jacwy8y wrote

Where do you live more specifically? Last time I talked with someone I know that lives in Germany they said that it hasn't changed that much and that 2,5k/3,5k is a livable wage

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GovernorPorter t1_jab6ia9 wrote

$50 is also the new $20. Who wants to be a millionnairre? Anything less than 5-10m won't work for early retirement and extravagance these days.

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runslikewind t1_jabk8ak wrote

id say 20 is the new 5. but then again without knowing how old you are we would have different perspectives.

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Spaceboot1 t1_jac3e3m wrote

I looked up inflation rates according to the Bank of Canada. Looks like $5 in 1990 is worth $10 now. So yes, if you were alive and spending money 33 years ago, in Canada, this shower thought is correct.

Me, in 1990, I was buying five-cent candies and baseball cards.

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raff7 t1_jac5ro8 wrote

For the us it would be 1994…

I think people overestimate how much inflation we had the last couple of years, and think prices doubled in a few years.. they didn’t.. they doubled in 30 years.. which is not unusual

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zombieedd t1_jacd6tz wrote

Okay hear me out and I know this will make me sound old but 5 buck for gas used to damn near fill a tank...so with that logic I would something closer to 40-50 buck is the new 5

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Dragonfly452 t1_jad1u05 wrote

I’d say $20 is the new $5

I was a kid in the 90s and well… 20 back then went a lot further

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Showerthoughts_Mod t1_jaakygh wrote

This is a friendly reminder to read our rules.

Remember, /r/Showerthoughts is for showerthoughts, not "thoughts had in the shower!"

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Rule-breaking posts may result in bans.

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raff7 t1_jac5n3x wrote

If you compare it to 1994, sure..

$5 now are worth as $10 in 1994…

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Striking-Macaron3303 t1_jacdp9z wrote

And you could work six months to a year in a decent factory and pretty much buy a new vehicle and a home.

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raff7 t1_jacedz4 wrote

Not really.. a median income for a family in the us was about 30k a year, a house costed on average 120k

In 2023 the median wage per family is close to 60k, with a median house price at 400k

Sure, housing price increased faster than a salary, but o, you could not work six months to a year in a factory and afford a house.. not even close

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