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There are also expenses that occur now that weren't around in "the good ole days." I dare say families have more cars than they used to. Computers? Who had those? Now we get a new one every 3 or 5 years or so. Internet connections - another 30 to 40 or so a month. Cable TV 40-50 per month. Cell phone 40 to the sky's the limit per month. Digital and video cameras. I read somewhere that Americans are eating out twice as often as they used to. I also believe the average house has increased in size and I know banks have increased the percentage of income in calculating mortgages, thus larger mortgage payments. Assuming wages maintained pace with inflation, these extra things we pay for every month leave less "disposable" income.
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