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In the 1920s, the cost of living was significantly lower than today; for instance, a loaf of bread cost about 10 cents, a gallon of gas was around 25 cents, and an average house could be purchased for about $6,000. Adjusted for inflation, these prices show that everyday items and housing were much more affordable relative to income at the time. Today, those same items can cost several times more, reflecting changes in the economy, wages, and living standards over the past century. Overall, the purchasing power of the dollar has decreased, leading to higher costs for basic necessities.

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