Thursday, 18 February 2021

Living at the Bottom and Payscale

 I sat last week and imaged my pay-status in 1978 (the first real year in the Air Force).  

I made roughly $450 a month for the whole year....totaling out at around $4,100 for the year if you took out state tax, federal tax and social security. That was it.  Luckily, I had the chow hall for all my food necessities and the barracks room for my quarters.

Welfare status?  Well....no.  I admit....it wasn't much on pay, and you limited your lifestyle a good bit.  

All things considered, I did ok with $4,400 a year.  

Inflation factor calculating for today?  The same amount today would equal $1,600 roughly.

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