This is not the case. Washers used to be more expensive as a proportion of median income back then. According to this page a new Kenmore washer cost $289 in 1980. The median family income in 1980 was $21,023, so a new washer would cost 1.37% of a family’s annual income. Compare to now, where the median household income is $83,150. As a proportion of median income, a $289 washer in 1980 would cost about $1500 today, which is about what a durable, well made washer with a 7 year warranty costs. Manufactured goods were largely more expensive compared to wages in the past.
You know the funny thing?
You can still buy appliances that last and have good service.
But you don’t earn enough to afford them, like your parents did.
This is not the case. Washers used to be more expensive as a proportion of median income back then. According to this page a new Kenmore washer cost $289 in 1980. The median family income in 1980 was $21,023, so a new washer would cost 1.37% of a family’s annual income. Compare to now, where the median household income is $83,150. As a proportion of median income, a $289 washer in 1980 would cost about $1500 today, which is about what a durable, well made washer with a 7 year warranty costs. Manufactured goods were largely more expensive compared to wages in the past.