Menu Close

What was the average wage in 1918?

What was the average wage in 1918?

$1,518
According to the Bureau of Labor Statistics, the average household earned $1,518 in 1918, which is the equivalent of $21,644 in 2008 dollars (the second most expensive year for gas dating back to 1918).

What was the hourly wage in 1914?

On January 5, 1914, automaker Henry Ford made history by instituting a $5-a-day wage. The move made national news. Five dollars a day constituted double the industry norm—and double the pay of most of Ford’s own employees.

What was the average wage in 1910 UK?

The average annual salary in the UK today is around £26,000, for working a 40 hour week. In 1910 it was around £70 for men and £30 for women (the equivalent of £6,500 and £2,800 today) for working a 55 hour week.

What was minimum wage in 1918?

History of California Minimum Wage

Effective Date New Minimum Wage Old Minimum Wage
1920 $0.33 $0.28
1919 $0.28 $0.21
1918 $0.21 $0.16
1916 $0.16

How much did a house cost in 1915?

1915. Today, the median home value in the U.S. is $177,600, according to the Zillow Home Value Index. In 1915, purchasing a house would have typically set you back $3,200, according to Census records. You were also taking more of a risk in buying a home then than you are today.

How much did a house cost in the 1900s?

How much did things cost in the 1900s? How much did a chicken cost in 1900? How much did food cost in 1919?…How much did stuff cost in 1970?

Cost of a new home: $26,600.00
Cost of a gallon of regular gas: $0.36
Cost of a dozen eggs: $0.62
Cost of a gallon of Milk: 1.15

How much was rent 1900?

How much did rent cost in 1900? Housing took most of a workers money in a city. A 2 or 3 room apartment with a coal stove in a tenement could rent from $4-7 per month to $8-10 per month.

What was a good salary in 1910?

The average US worker made between $200 and $400 per year. A competent accountant could expect to earn $2,000 per year, A dentist $2,500 per year, a veterinarian between $1,500 and $4,000 per year, and a mechanical engineer about $5,000 per year.

How much did a car cost in 1910?

Price and production

Year Production Price for Runabout
1910 19,050 $900
1911 34,858 $680
1912 68,773 $590
1913 170,211 $525

How much did a house cost in 1870?

Price of Goods, 1870
Food Prices .
Land $5/acre (avg. 160 acres) $.50 cents/box
Homestead filing fee $14 $60
House — 32’x40′ (4 rooms) $700 $8

How much was rent in the 1950s?

The Changing Math Behind Homeownership in the U.S.

Year Median Home Value Median Rent
Year Median Home Value Median Rent
1950 $7,400 $42
1960 $11,900 $71
1970 $17,000 $108

What was the average wage in London in 1917?

In four years of war, they doubled. Pre-war the average weekly wage varied from 26s. 4d. per week to 34s. 4d. Half the women employed were paid from 10s. to 15s. per week. In 1917 London bus drivers were earning 60s. per week, cleaners, never the best paid, were getting 40s.

What was the wage rate in 1907 and 1921?

The advantage of this table is that it shows the wage rates for all the years from 1907-1921 together, so one can easily see changes over time. Lists union wages by city and then by occupation.

What was the average wage before World War 2?

In four years of war, they doubled. Pre-war the average weekly wage varied from 26s. 4d. per week to 34s. 4d. Half the women employed were paid from 10s. to 15s. per week.

What was the average wage for a college graduate in 1910?

Chart shows average income earned by engineering graduates of an unnamed western state university, broken out by the number of years the person has been out of school. The wage rates broken out by year and geographic location. Wages for farm workers are compared to that of factory workers.

https://www.youtube.com/watch?v=tTV5OLrMPY0