I had no idea you were younger than me! I thought you were like 10 years older! |
| Rent on my 1 BR apartment (in Dallas) was $550/month. |
| $1 for a gallon of gas and I earned 10% on my money in the bank! |
$592 for my one and a den in 1998 in DC. Electric was the only utility I paid, and the rent only went up $10 after two years. Good times. |
| Mortgage rates over 8%… |
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Shared a small townhouse with a friend in Montgomery County. My half was $350 a month.
Bought a small SFH two years later for $150k, with a 7.5% ARM since most fixed rates were over 8%. |
| It was the year I started my IRA. Annual max was $2k. |
| In 1994 a brand new cd cost around $14.99. Now you can get Spotify for $9.99 per month. |
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I remember in 1994 the mall had an advertisement for .99 cent tacos, although they wouldn’t actually sell it for that price. They would only sell it for 99 cents.
OP, you obviously got the .99 cent part wrong. Are you sure it wasn’t 99 cents for a whopper jr? I’m pretty sure a whopper was more than that. |
And most CDs had only one good song on it. Way better now getting a song for $1.29. Stock trades are free now. Good luck getting that in 1994. Computers and TVs are way cheaper now. It’s not all doom and gloom. |
I am one of the pp's who was championing the 90's but I agree that some things now are a way better deal. We have way more options to purchase and comparison shop via the internet, which I love. |
| The only reason I wish it was 1994 is that I was 28 years younger, single and had just realized that scoring 28-32 y.o. chicks was like shooting fish in a barrel! Good old days.. |
Actually it was pretty much all Doom in 1994. Wolfenstein was old news and Quake wouldn't come out until 1996! |
Long distance phone calls were ridiculously expensive then & are now effectively free. Clothing was much more expensive. Gasoline was the same price (adjusted for inflation) and cars got much worse mileage. In addition to music media, you don’t need to buy a VCR/DVD, answering machines, watches, newspapers, alarm clocks, annual calendars, address books, pedometers, maps, encyclopedias (which were ridiculously expensive), or reference books and you don’t need to visit the bank in person, drive to stores or use travel agents — that’s all on your phone. |
Another one — cameras, film and having prints made were very expensive (now free on your phone). Video was even more expensive. |