House prices continued to rise along with the average income, which now stood at £960 (around £21,925) per year. Teacher's salary $1,441Minimum Wage $.43. How nice would that be! Women's wages, 1940-1949 Median wage and salary income by occupation for females - 1949 Stenographers working for the city of St. Louis earned $0.75/hour in 1944. the level of weekly wage rates in a number of industries during the period 1920-37, the average level of 1924 being taken as = 100. Weekly wage rates: estimated increase in all industries. The notable exception to this rule is housing: in 1930, the average house cost three times the average wage; today, the figure is ten. In the year 1940, the United States minimum wage was $0.30 . Minimum Wage and What It Buys You: 1950s to Now - The Fiscal Times Wages. Average family earnings, 1834. The economic and . Dedicated to the memory and appreciation of our "Greatest Generation" and the 1940's decade. A study in the Monthly Labor Review from 1936 attempted to gather and analyze wage data of unskilled and semiskilled laborers in 1935. Relative Value of Sums of Money - WIRKSWORTH This is equivalent to $8.86 in 2022 dollars. Family and Individual Money Income in the United States: 1945 . Average Earnings, 1963-2017 . A person working in Germany typically earns around 3,810 EUR per month. The average wage is a measure of total income after taxes divided by total number of employees employed. www.bedewell.s-tyneside.sch.uk. Minimum wage: $0.75/hour Gas: $0.27 or 22m Movie ticket: $0.48 or 38m Rent: $42 or 56hrs (All figures represent the average cost of a movie ticket, a gallon of gas, and the median rent.) From 1972 they are the statutory minimum for "ordinary" hired regular whole-time men. Weekly budget of a labourer with an average family in 1800. taxable wages, however, caused a de- cline of 3.2 percent in average tax- able wages from the first to the second quarter of 1949. A weekly wage was the standard form of payment back then, and Mr Average (because it was almost always Mr) took home £9.25. This rate declined slightly in the early 1930s, falling as low as £1 10s 8d in 1993-4, but had increased again by the end of the decade, standing at £1 19s 5 1/2 d by October 1939. Data for women workers, with and without occupational breakouts is reported in Table 22 (pp. 19, September 8, 1944; and "Educational Attainment by Wage or Salary Income: 1940", Series P-46, No. Source: US Census Bureau > Income and Poverty in the United States: 2020 > Table A-2 Today, comparing the ONS's current average UK house price figure of £229,000 and the median full-time earnings of £29,600 puts the current ratio .