Post by @yunggeeski

Did Baby Boomers actually have it easier financially? Since 1984, here’s how much everything has increased: College Tuition: +726% Home Prices: +422% Rent: +308% Household Income: +290% Housing, rent, and tuition have all grown faster than household income. So when older generations say young people just need to work harder, save more, and stop buying expensive coffee, are they missing the bigger picture? Or did previous generations face financial challenges that younger Americans underestimate? These are cumulative nominal percentage changes, not inflation-adjusted figures. Sources: U.S. Census Bureau, Bureau of Labor Statistics, FRED. Home prices reflect median new-home sale prices; tuition and rent reflect consumer price indices.