The Unbroken Window

I found out that among Americans that live in Money Magazine’s “100 Best Places to Live”, the annual average amount spent on vacations was $8,250. That is roughly 10% of median (pre-tax) income (about $90,000). Assuming that the tax taking authorities avail themselves of 33% of income on average, that means that families in these areas spend roughly fourteen percent of their disposable income on vacation. I’d like to see what that looked like 30 years ago … or 100 years ago.

Tags: leisure, Standards of Living, vacation