1960 my dad was a contractor who made $5.00 hr....journymen's pay.
He bought a 1959 ford 3/4 ton truck...plain no options for $1900
He bought a new 3 bedroom,1 3/4 bath house with a carport for $13,000
My mom was a stay at home mom and she had a 1954 Buick to drive around town.
They had money to vacation at lease one week a year in Las Vegas (my mom's folks lived there), and my dad did lots of hunting so we had a camper and a horse.
I'd say they did ok.
Today's wages would be $20(?) can you get a new house for $52,000 or a new truck for $7600
......what if wages were $30....would $78k buy a new house or $11,400 buy a new ford truck.......by the way I do not know any carpenters around here making $30 hr working for someone else.
Oh ya there used to be gas wars......I remember playing hooky from school one day to go fill up a 1968 Buick Skylark for $.16a gal and getting a big paper bag full of french fries for $1.00........I think gas was usually about $.60 a gal at that time.
No now we need two or three jobs and 10 year auto loans.....