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#1 |
BlahBlahBlah
Join Date: Feb 2002
Location: Wa.
Posts: 19,863
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Buck thirty five an hour
My sister in law was going through her journal today and was sending us texts. In 1970 she got a job at the town library for 1.35 an hour with the promise of a raise to 1.50 if she stayed for a year. I think it was her first real job as a kid instead of picking berries.
I looked it up and it has the same purchasing power of about $11.00 an hour in 2024. So what can you get say fast food wise with 11 bucks today and what could you get for 1.35 in 1970? Is it a huge difference?
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#2 |
Senior Member
![]() Join Date: Dec 1999
Location: Southern California
Posts: 2,802
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Re: Buck thirty five an hour
Went to McDonalds here a few weeks ago. Used gift cards given to me. 3 double mini burgers and two fries and no drinks, almost $25. Have $15 left on the cards. When that is used up I will never buy anything from them again. Surprisingly, at In & Out a double double, fries and a drink can still be had for that $11.
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Richard 1972 K10 Custom Deluxe SWB Fleetside My build https://67-72chevytrucks.com/vboard/...d.php?t=800746 |
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#3 |
BlahBlahBlah
Join Date: Feb 2002
Location: Wa.
Posts: 19,863
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Re: Buck thirty five an hour
At first I was thinking what the heck can you do with $1.35 even back then. I looked at some old menus thinking that $1.35 would be similar to the adjusted for inflation $11.00, but it’s not even close. You got more for the $1.35 and not just at McDonalds. Course todays minimum wage is closer to $20.00, but in the end it looks like overall cost of goods has really outpaced inflation.
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#4 |
Registered User
Join Date: May 2011
Location: Northern Calif.
Posts: 3,684
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Re: Buck thirty five an hour
I remember once minimum wage was $ 1.90 - $ 1.95 an hour. My boss was paying me $ 2.10 an hour, I thought I was RICH!
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#5 |
laying low
![]() Join Date: Mar 2001
Location: Searcy, Ark. USA
Posts: 13,217
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Re: Buck thirty five an hour
In 1970 I could drive my dune buggy 3 or 4 days on $1.35 worth of gas.
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Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross |
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#6 |
Senior Member
![]() Join Date: Jul 2001
Location: Wellington, Ks
Posts: 10,180
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Re: Buck thirty five an hour
I remember my first job after coming home from Vietnam in April of '70 was $1.65 an hour. Gas was $0.26 - $0.30 a gallon for regular or premium. Wife and I married in June '71 and our first rental house was unfurnished, two BR, hardwood floors, we paid the utilities.....$50 a month!
As Bob Dylan once sang.... "Oh, the times they are a'changing" ![]() ![]()
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1971 Chevy 1/2T 4x4 LWB 350 V-8 Was sm465-now 350TH/np205 Tilt, Tach, Towhooks Original Truck AM/FM Wellington, Ks |
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#7 |
Post Whore
![]() ![]() Join Date: May 2015
Location: Alabama
Posts: 14,630
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Re: Buck thirty five an hour
My 1st paying job as a farmhand in the late 70s was $1/hr, and a 70hr work week...
man I thought I was rich
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Mongo...aka Greg RIP Dad RIP Jesse 1981 C30 LQ9 NV4500..http://67-72chevytrucks.com/vboard/s...d.php?t=753598 Mongos AD- LS3 TR6060...http://67-72chevytrucks.com/vboard/s...34#post8522334 Columbus..the 1957 IH 4x4...http://67-72chevytrucks.com/vboard/s...63#post8082563 2023 Chevy Z71..daily driver |
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#8 |
State of Confusion!
![]() ![]() Join Date: Jul 2002
Location: Gulfport, MS USA
Posts: 46,858
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Re: Buck thirty five an hour
i REMEMBER, (OLD FOLKS STUFF) in late 60's when I was working at gas station and minimum wage went to over $1 an hour. I also remember in 72 refusing to pay 28 cents a gallon at the Sunoco where I worked and went down road to the cheapie mart to get gas at 26. Starting to sound old there.
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Bill 1970 Chevy Custom/10 LWB Fleetside 2010 Toyota Tacoma PreRunner SR5 Double Cab - DD Member of Louisiana Classic Truck Club (LCTC) Bill's Gallery Life isn't tied with a bow, but it's still a gift. Live simply. Love generously. Care deeply. Speak kindly. Leave the rest to God! |
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#9 |
Senior Member
![]() Join Date: Oct 2007
Location: Nampa Idaho
Posts: 7,496
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Re: Buck thirty five an hour
Good Post Mark,,,That made me go back and see just what I made in 1963 @ $3.00 a thousand board feet cut of lumber cants and the guy I was off bearing in his two man circle saw sawmill cut approx. 3000 board feet a day ,, I got $9
$9 in 1963 is equivalent in purchasing power to about $92.40 today, an increase of $83.40 over 61 years. The dollar had an average inflation rate of 3.89%
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#10 | |
driving is in my blood
Join Date: Dec 1999
Location: Mesa AZ
Posts: 5,720
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Re: Buck thirty five an hour
Quote:
Just look at home prices.
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#11 | |
Senior Member
![]() Join Date: Feb 2009
Location: Northern Nevada
Posts: 7,229
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Re: Buck thirty five an hour
Quote:
Well, I can only compare McDonalds from memory. Until I don't know, 1980s you could get a cheese burger, fries and coke for a buck. I don't recall the size of the coke and fries, it was before the US produced the cows we've become today ![]() Cheeseburger: $3.49 Small Fries: $1.39 Small Coke: $2.29 (wowza) for $7.17 Minimum wage in 1978 was $2.65. So 2.65x the cost of a burger, fries and coke. $11 an hour is 1.53x the cost of a burger fries and coke today. Then again, if you want a Big Mac meal, that starts at $11.89 before tax, so, yikes.
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