K-12 Tax & Spending Climate: Our favorites are increasingly too expensive
In 1960, the median family brought in $5,620 ($2.70/hr), or ~$55.5k per year adjusted for inflation. Today’s median family earns considerably more, at $84k per year, or $40.38/hr.
But when it comes to traditional family outings, the purchasing power of that income has declined.
For each of these examples, we’ll calculate the cost for a family of four (two parents and two kids).
