2008 vs Today
The purchasing power of the median household has collapsed. See the data from 2008 below.
2008
Median Income
$50,300
House Price
$229,550
Today
Median Income
$83,730
House Price
$418,975
Cost of Living: 2008 Prices
🛒 Food & Groceries
🥚 Eggs
→2008
$1.99
Today
$3.17
Labor ×
1.0x
per dozen
🍞 Bread
→2008
$1.37
Today
$1.97
Labor ×
0.9x
per loaf
🥛 Milk
→2008
$3.80
Today
$3.98
Labor ×
0.6x
per gallon
🥩 Ground Beef
→2008
$2.34
Today
$5.39
Labor ×
1.4x
per lb
🐔 Chicken
→2008
$1.21
Today
$2.00
Labor ×
1.0x
per lb
🥓 Bacon
→2008
$3.66
Today
$6.78
Labor ×
1.1x
per lb
🍊 Oranges
→2008
$4.21
Today
$6.13
Labor ×
0.9x
per lb
🍬 Sugar
→2008
$9.45
Today
$13.73
Labor ×
0.9x
per lb
🏠 Housing & Utilities
🚗 Transportation
🎬 Entertainment
Salary Purchasing Power
The median income in 2008 was $50,300. Adjusted for inflation, that's equivalent to $73,304 today.
See full salary reality check for 2008 →