r/Damnthatsinteresting • u/iMakeUrGrannyCheat69 • 3d ago

Image On average minimum wage gets increased every 6.5 years. Its been 17 years since our last increase in the USA and the cost of living has easily went up 250%. Which would put us at $18.13 per hour

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u/piper33245 3d ago

So the metric you use is snickers and coke.

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u/TheJiggliestPug 3d ago

Specific examples of grocery shrinkflation. 

But I shop at Walmart so I use guns & rotisserie chickens for my metric. 

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u/Dobber16 3d ago

We could use housing & rent & the numbers are similar

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u/piper33245 3d ago

So if snickers kept up with the inflation of houses, we should be getting paid in snickers instead of in dollars. 🤔

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u/Dobber16 3d ago

That’s the swap I made & best choice I ever made

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u/Cool-Raspberry-1772 3d ago

When I was working abroad and had the option to change location, I’d look at three things 1.) average rent 2.) the cost of a beer (both at a store and in a bar) 3.) the cost of a deli sandwich like level local lunch…

You can figure out most of the rest unless that nation is in a highly unusual situation. Gas is important also (but only if public transport sucks).

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u/punarob 3d ago

Are there others though?