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Re: Gas is "cheap"
Old 06-17-2005, 10:59 AM   #21
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Re: Gas is "cheap"

Originally Posted by moghopper
Good question... This isn't take home pay... but income as reported by the Census Bureau
1982: Median Household income 20170
2001: Median Household income 42228
(3 year Average Median) (2001-2003)
Median Household income 43,527

That appears to be ~115% increase to me. (from 20170 to 43527)
That's household income, not personal income. I suspect there are more multi-income households in later years. I opened one of the PDFs but got bored trying to figure it out for myself. Of course, we buy a lot more crap now like XXXL houses, multiple cars and myriad electronics, so it's not an easy science comparing spending to 30 years ago.

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