$100k per year is the 81st percentile of all US workers for 2022. Inflation in 2023 has been around 4%, so even with that they would still earn more than 8 out of 10 working adults in the US.
That is an average of 2.5% inflation. It’s really more of an issue of inflated cost of Healthcare and stagnating wages as a result. Of course this is just one contributing factor, bit it is a huge one.
What’s that $100k a year adjusted to inflation compared to in your mind?
$100k per year is the 81st percentile of all US workers for 2022. Inflation in 2023 has been around 4%, so even with that they would still earn more than 8 out of 10 working adults in the US.
It’s not in my mind, it’s just math.
$100k per year is the equivalent of $57k/yr in 2000. Inflation has gone wild in the last 20 years.
That is an average of 2.5% inflation. It’s really more of an issue of inflated cost of Healthcare and stagnating wages as a result. Of course this is just one contributing factor, bit it is a huge one.
Which is why 100k is a reasonable ask. 50k would have been reasonable in 2000.