I was bored this morning so I decided to google a few prices of things like milk and gasoline for the year that I first started working, 1997. Then I determined how much I could buy back in 1997 for a single hour of work versus what I can buy now. This is what I came up with so far.
1 hour of work in 1997 would buy me 13 gallons of gas, today I can buy 10 gallons. The same ratio exists for milk.
In 1997 it took me 55 hours to make enough money to pay my rent. Today it takes me 67 hours to make my mortgage.
One thing that I found interesting is how difficult is to find historical information about prices. I tried to find out what a Toyota Corolla cost in 1997. I couldn't find it. Tuition at UCI. Nope. How bout a Big Mac? Not readily available either. In this information age you would think that there wouldn't be anything you couldn't find out in 5 minutes on Google. Perhaps there are still secrets.
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