Salaries - millennials compared to Baby Boomers
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Hi everyone. I have a few questions for you. I have been looking into salaries/ cost of living ect. for what baby boomers and millennials get.
I was just wonder if anyone else of the age of 35 or less is finding that the cost of living is going up. But we are making the same as what baby boomers made 20 years ago or less in some cases with much less benefits.
I live on PEI and cost of living is going up alot. Housing has over double in the last 10 years(Slowing now), Food cost gone up, Everything is up, However if you find your doing the same job as person X who is a baby boomer and has been around for say 10 years and make 60,000 k a year but started out at 40,000 10 years ago. Seems like now if they hire a millennials that person gets paid less and would start out at like 30,000K a year for the same job. Less then what the Baby boomer even started at.
I seen an article stating back in 1976 I believe the average couple income was like 65K or so. PEI Just got over that amount back in 2007 according to stats canada. That being said I dont know to many couples who make that much money. I think its really rare on PEI. And the sad thing is I work 3 jobs. 1 full time. 2 part time ones and I still make less then most baby boomers and I work in IT which pays I guess decent.