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by nullorempty 1 day ago
Let's not assume that 6 figure salary is close to 999,999. In reality it's closer to 100,001.

And when you factor in inflation and increased housing cost the comparison starts to differ greatly.

Millennials have it pretty tough.

2 comments

$100k is and was a historically high salary, especially when millennials were entering the job market (~1999-2018). Inflation adjusted to 2026 dollars, that's $132-200k. Median adult full-time income is $60-72k.
I think every generation would self-report that they had it pretty tough.

I remember my (Boomer) school teacher parents sitting at the kitchen table with an LED calculator adding up their bills and making sure they could make ends meet or getting blocks of government cheese for some reason (that made great grilled cheese, BTW).

Was it 10% easier for them than Millennials? Maybe. Was it 50% or 100% easier? I don’t think so.