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.
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.