Loading ...When my father came home from WW II, in 1945 he immediately bought a house in Amityville for $5,000. His wife and two kids lived with her parents. I think he was making .40 cents an hour as a machinist. They rented out a bedroom upstairs to help out.
When I exited high school in 1962 the minimum wage was $1.40/hr. Soon after I got a union job in a defense plant making $2.40/hr, I paid my father $25 a week, a lot of money back then.
In 1963 I bought a new ’63 Pontiac Tempest the Cousin Vinny car. Three year loan. But by 1965 I was laid off and I got married making $1.75/hr. I was renting a cottage for $68/mo. Maybe things were harder on the west coast?