• Ostrakon@lemmy.world
    link
    fedilink
    English
    arrow-up
    29
    ·
    8 hours ago

    5 dollars in 1988 was roughly* one mortgage payment.

    (*I did not look up an inflation calculator)

    • Broadfern@lemmy.world
      link
      fedilink
      English
      arrow-up
      9
      ·
      edit-2
      7 hours ago

      According to CPI Inflation Calculator, $5 in March of 1988 is roughly equivalent to $13.63 in January 2025 (no data is available yet for February). So you’re right.

      ETA: I know you’re joking, and it’s a good joke. Just putting this here for anyone else curious /pos