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$82,098 in 1955, adjusted for inflation, was worth $727,502.05[1]. So homes were actually much more expensive back then.

[1] https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=82098&year1=19...



No, they already adjusted for inflation.

In nominal dollars, a home in 1955 would be under $10k

https://fred.stlouisfed.org/series/MSPUS


I wish I new how that article got to 80k for a house in 1955.. I couldn't find a link to trust "interactive visualisation" they're citing and Google didn't help me either.

I wasn't born then, so no personal experience and everything I could find pointed more towards 5-10k, i.e. this advertisement

https://i.redd.it/75sc90f58qsa1.jpg

That'd be safely below 100k, inflation adjusted... Actually, maybe that 80k is already inflation adjusted? The number is pretty close


That can't be right, it must already be an inflation-adjusted number. My parents bought their most recent house in ~1970 for $30K, and that was a bit above the median for the area.




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