When you look at things from a different perspective they sometimes make you step back and think differently about them. Recently Realtor.com compared the prices of five common items over a period of 30 years. The prices, which were not adjusted for inflation, show the actual percentage change in their respective prices over 30 years. Some interesting takeaways:
- In 2014 the median sale price of an existing single-family home was $207,000, that’s almost 2.6 times as much as 30 years ago.
- Due to the climbing prices of beef and bread, the Big Mac also experienced a drastic price surge—from $1.60 to $4.62.
- In 1986, when people drove into a Shell station, a gallon of gas would cost $1.12. Thirty years later, the price has tripled to $3.37.
Red the full story at How Much Have Housing Prices Gone Up in 30 Years? Hint: Less than a Big Mac
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