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Fortunately, you are wrong. The cost of milk in 1995 was $2.50/gallon; today, it's about $4.13/gallon — which is less than inflation since 1995. Ditto for many other grocery products: although you can always cherry pick some that have gone up relative to inflation (e.g. eggs), there are many that gave gone down. Groceries are tracked by the CPI.

Vehicles are also cheaper relative to inflation. In 1995, a new Toyota Camry cost $16k base. Today, a new Toyota Camry costs $28k base, which is less than inflation on $16k since 1995 — while being much safer, faster, larger, more comfortable, with a better sound system, and more fuel-efficient. Vehicle prices are tracked by the CPI, as well.

We can keep going. How about a pair of canvas Converse sneakers in 1995? $30 new. Today, 30 years later with 112% inflation: $60 new, aka, slightly cheaper relative to inflation than in the 90s.

I'm guessing you use a laptop for work. Let's see: in 1991, an Apple Powerbook cost a little over $2k. Today, you can buy a Macbook Air that makes the 1991 laptop seem like an abnormally heavy and ugly calculator for $1k. Is it unfair that I'm using laptops rather than desktops? Okay, let's look at desktops: in 1998 when the iMac launched, it cost $1299. Today, a massively faster iMac with a much larger screen costs... $1299.

Etc etc.

As per my original comment: you are right that housing has gone way up. But not everything has, and wages have gone up as well, and it would be very hard to claim overall cost of living is up 3x while wages are up less.





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