1955 hospital bill goes viral for $60 cost of birth, 3-night stay

[tailfins]

https://www.foxnews.com/lifestyle/1955-hospital-bill-viral-60-dollar-birth-3-night-stay

If paid in inflation-proof silver coins (sixty silver dollars), that would be $1200 in today's money which is still much cheaper than what's being charged now.

https://preview.redd.it/x6helrvx1o771.jpg
https://i.redd.it/x6helrvx1o771.jpg
https://preview.redd.it/x6helrvx1o771.jpg?width=292&auto=webp&2c95775d

[Gunny]

Minimum wage in 1955 was $1.00 per hour.

[tailfins]

Minimum wage in 1955 was $1.00 per hour.

That means that the minimum wage has gone down, from a silver dollar to less than a silver half dollar using 20x face value as a ballpark number.

[Gunny]

That means that the minimum wage has gone down, from a silver dollar to less than a silver half dollar using 20x face value as a ballpark number.Possibly. When I started working minimum wage was $2.15 in 1976. That means in 21 years it went up a whole $1.15.

Looks like my military retirement check :laugh: