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You'd have to be like 10 years old or younger for food to be the most expensive it's been in your entire life, in real terms.

Steven Yang 2y ago

Why only for 10 year olds or younger?

I can tell you for a fact that the same vendor from a food court I frequent has increased their prices by ~50% over the past three years. Beef from Costco has increased ~15%-20%.

In Vancouver, it used to cost on average $20-$30 to go eat Dim Sum. Not it costs $40-$50 to get the same amount of food.

So unless income has increased by at least 40% (because of have to account for the increase in taxes paid as well), how is food getting cheaper if I want to continue eating the same food as before?

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Discussion

Mike Brock 2y ago

Did you carefully read what I said above? Your reply is causing me to question whether you did. Because I explicitly acknowledged the price increases over the past three years. It seems you're completely missing my point.

mark tyler 2y ago

Welp, I looked for a graph for a few minutes that had recent data and >10 year old data but didn’t find one quickly enough. Do you have one on hand?