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I find it usually more helpful to look at median wages instead of inflation numbers. Inflation looks at many goods and adjusted in many strange ways.

It looks like a normal salary for a Baker in 1900 was $2/day for a 13 hour day, or $0.15/hour[1]. a $1 meal would be about 6 hours of work in 1900.

Today, the median SF income is 100k, or $50/hr. 6 hours buys you a $300 meal.

Taxes are a whole different story you dont want me to start on. In 1900, state, local, and federal taxes were about 7% of GDP. Today they are >30%.

https://babel.hathitrust.org/cgi/pt?id=hvd.li1gx2&seq=263

Anecdotally, this is consistent with what I have personally observed in dozens of countries, where the low end cost of eating out is about the same as and hour of work.



Thanks, both




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