But they are not buying the same thing.
Just stick to the basics and you’re in line with inflation.
And it is your fellow Americans paying for most useless college “educations” today anyway.
They’re buying the normal house for the time. The average house then and the average wage then vs the average house now and the average wage now. That house is more expensive now in relative terms....it takes more years of the average wage to buy it now than it took then.
Education is more expensive - considerably more expensive - adjusted for inflation. Tuition grew way faster than inflation for many years.
Economic conditions for someone starting out today have deteriorated considerably from conditions in the late 60s through the 80s.