How different are our income levels since 1960? More than you think.

In 1960 the Median income was $11,900 = 160 Oz of Gold, which today is worth $440,000.

In 1960 the Median home was $11,900 = 340 Oz of Gold, which today is worth $935,000.

A ratio of 2.125 (Home/Income).

In 2024 the Median income was $80,610, today that equals 29.3 Oz of Gold.

In 2024 the Median home was $420,400, today that equals 152.9 Oz of Gold.

A ratio of 5.215.

In gold terms homes actually dropped in cost 1.2% a year on average over the last 65 years. While income has dropped 2.6% a year on average.

Life isn't getting more expensive, you are just getting poorer faster than costs are dropping!

The table below shows various data points supporting this conclusion.