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Comment by zamadatix

3 days ago

Some clarification as the actual numbers and the random 25k number keep getting compared to the wrong contexts in this chain (it originally arose as a misunderstanding that the 50k was already in terms of 2016 dollars instead of the original 1960s payment https://news.ycombinator.com/user?id=CodeWriter23):

~$6,000-$7,000 is the amount the researchers were paid off with in the mid 60s. This is roughly equivalent to ~$50,000 in 2016 when using CPI-U figures.

$25,000 in the mid 60s would be equivalent to ~$193,000 by the same measure, and does not relate to $50,000 in 2016 in any way.

But your core point that the items in the CPI-U basket do not adjust equally, which is why it's a basket in the first place. Median housing price in 2016 was ~$300,000, so ~$193,000 is a bit of variance... but not nearly as much as mixing the numbers from the different comparisons made it sound.