This Is A Good Read

What has changed in the last 40 years so that it now takes two incomes to maintain a household?

The cost of living has not paced with the average income. Basically, things cost more than they used to (which is expected due to inflation) but wages have not increased by the same amount.

http://www.mybudget360.com/wp-content/uploads/2015/01/inflation-and-actual-prices.png


On that chart, the middle column is what things would cost if it paced evenly with wages, and the right column is what they actually cost.

We can see that a long time ago, a house was a bit more than 2 years average salary. Now a house is almost 10 times the average salary.

So basically, the rise of cost has outpaced the rise of wages.

– Tennesseej

(CavemanCircus.com)